| Investment Objective: |
The Trust's investment objective is to reflect the performance of the spot price of SOL as measured using the Lukka Prime Solana Reference Rate (the "Benchmark"), as adjusted to reflect the SOL staking rewards earned by the Trust and the Trust's expenses and other liabilities. The Trust expects to outperform the Benchmark before taking its expenses and liabilities into account due to its plans to receive SOL staking rewards. The Trust is passively-managed and the Sponsor does not actively manage the SOL held by the Trust. This means that the Sponsor does not sell SOL at times when its price is high or acquire SOL at low prices in the expectation of future price increases. It also means that the Sponsor does not make use of any of the hedging techniques available to professional SOL investors to attempt to reduce the risks of losses resulting from price changes. |
