Company: OSOL
Filing Date: 2025-10-22
Form Type: S-1
Source: 0001493152-25-018952
Chunk: 196

Company: Osprey Solana Trust
Filing Date: 2025-10-22
Form: S-1
Chunk 196
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   |     |            |     |    |
| Liabilities, less cash 
 and other assets       |     |       |            |     |       |   (317,690 | ) |     |            |  (1 | )% |
| Net assets             |     |       |            |     | $     | 38,601,764 |   |     |            | 100 | %  |

| * | amount includes $38,824,984 of            
 staked SOL as discussed in Notes 2 and 3. |

| December 31, 2023      |     |       |            |     |       |            |   |     |            |     |    |
|:-----------------------|:----|:------|-----------:|:----|:------|-----------:|:--|:----|:-----------|----:|:---|
|                        |     |       |            |     |       |            |   |     | Percentage 
 of         |     |    |
|                        |     | Units |            |     | Fair  
 Value |            |   |     | Net        
 Assets     |     |    |
| Investment             
 in SOL *               |     |       | 194,403.40 |     | $     | 20,377,364 |   |     |            | 100 | %  |
| (cost $24,851,358)     |     |       |            |     |       |            |   |     |            |     |    |
| Liabilities, less cash 
 and other assets       |     |       |            |     |       |   (100,875 | ) |     |            |  (0 | )% |
| Net assets             |     |       |            |     | $     | 20,276,489 |   |     |            | 100 | %  |

| * | amount includes $19,644,274 of staked SOL as discussed in Notes 2 and 3. |

<div align='center'>The accompanying notes are an integral part of these financial statements.</div>

| F-3 |

Osprey Solana Trust

Statements of Operations

December 31, 2024 and December 31, 2023

(Amounts in U.S. dollars)

|                                                                                  |     |   |                    Year 
 ended December 31, 2024 |   |     |   |                    Year 
 ended December 31