Company: OSOL
Filing Date: 2025-10-22
Form Type: S-1
Source: 0001493152-25-018952
Chunk: 5

Company: Osprey Solana Trust
Filing Date: 2025-10-22
Form: S-1
Chunk 5
---
 by governmental authorities or regulatory bodies, and other world economic and political developments. See “Risk Factors”. Consequently, all the forward-looking statements made in this prospectus are qualified by these cautionary statements, and there can be no assurance that the actual results or developments the Sponsor anticipates will be realized or, even if substantially realized, will result in the expected consequences to, or have the expected effects on, the Trust’s operations or the value of the Shares. None of the Trust, the Sponsor, the Trustee or their respective affiliates is under a duty to update any of the forward-looking statements to conform such statements to actual results or to a change in the Sponsor’s expectations or predictions.

| ii |

<div align='center'>Prospectus Summary</div>

This summary highlights information contained elsewhere in this prospectus. This summary may not contain all of the information that you should consider before deciding to invest in the Shares. You should read this entire prospectus carefully, including the “Risk Factors” section and the consolidated financial statements and the notes to those statements, before making an investment decision about the Shares.

<div align='center'>Osprey Solana Trust</div>

Trust Overview

Osprey Solana Trust (the “Trust”) is a Delaware Statutory Trust that was formed on June 8, 2021. The Trust’s purpose is to provide exposure to the value of Solana (“SOL”), which are digital assets that are created and transmitted through the operations of the peer-to-peer Solana Network, a decentralized network of computers that operates on cryptographic protocols, held by the Trust, less the expenses of the Trust’s operations and other liabilities. In seeking to achieve this objective, the Trust will hold SOL and establish its net asset value (“NAV”) by reference to the CME CF Solana – Dollar Reference Rate – New York Variant (the “Index”), less the Trust’s expenses and other liabilities. There are several key features of the Solana Network. SOL has an unlimited supply and a circulating supply of approximately [●] coins as of [●]. As of [●], the 24-hour trading volume of SOL was approximately $[●]. As of [●], the aggregate market value of SOL was approximately $[●]. As of [●], SOL was the sixth largest digital asset by market capitalization, as tracked by CoinMarketCap.com.

As a passive investment vehicle, the Trust’s investment objective is for the value of the Shares to reflect the value of SOL held by the Trust, determined by reference to