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21Shares Solana ETF ( (TSOL) ) just unveiled an update.
On December 16, 2025, 21Shares Solana ETF entered into a new authorized participant agreement with Macquarie Capital (USA) Inc., appointing Macquarie as an authorized participant responsible for creating and redeeming 10,000-share baskets and delivering solana for those transactions, with a key distinction that this agreement permits in-kind creation and redemption orders and includes transaction fees, indemnification provisions, and flexible amendment terms without shareholder consent. Beginning in 2026, the Trust plans to pay at least quarterly cash distributions to shareholders funded by staking rewards earned on its solana holdings, though the size and regularity of these payments will depend on factors such as the amount of solana staked, network participation, protocol reward rates, and network conditions, meaning distributions may vary significantly or not occur in certain quarters.
More about 21Shares Solana ETF
21Shares Solana ETF is a digital asset investment trust focused on providing investors exposure to the cryptocurrency Solana through exchange-traded shares. The Trust’s operations involve holding solana, facilitating share creation and redemption through authorized participants, and distributing staking rewards to shareholders, positioning it within the rapidly evolving crypto asset management and ETF industry.
Average Trading Volume: 46,782
Current Market Cap: $5.76M
See more data about TSOL stock on TipRanks’ Stock Analysis page.