ETF Evaluator:
Osprey Solana Trust (OSOL)
Follow This ETF
(as of Jul 15)
Best Performing in Digital Assets Over the Last Year
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Risk
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Risk
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ETF Details
Osprey Solana Trust Overview
Osprey Solana Trust (OSOL) is a passively managed Miscellaneous Digital Assets exchange-traded fund (ETF). Osprey Fund LLC launched the ETF in 2021.
The investment seeks to realize long-term capital appreciation by tracking the price of SOL tokens, the native token to the Solana Network, as (“SOL”) on each business day, less liabilities and expenses of the Trust.
The Shares are designed as a convenient and cost-effective method for investors to gain investment exposure to SOL without making a direct investment in SOL.
About Osprey Solana Trust (OSOL)
There are 1 members of the management team with an average tenure of 4.81 years: Management Team (2021). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 1 primary benchmark: SOL TOKENS USD index with a weighting of 100%. Osprey Solana Trust has 1 securities in its portfolio. The top 10 holdings constitute 100.0% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is considered to have an ESG focus with its investment selection and management.
Osprey Solana Trust is part of the Other global asset class and is within the Miscellaneous ETF group. Osprey Solana Trust has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Osprey Solana Trust has 0.0% of the portfolio in cash.
Assets Under Management
The fund has $14 million in total assets, which is below the $522 million average for the Digital Assets category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
OSOL Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Osprey Solana Trust expense ratio is high compared to funds in the Digital Assets category. Osprey Solana Trust has an expense ratio of 2.50%, which is 149% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Osprey Solana Trust has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 85% for the Digital Assets category.
Recently, in the month of June 2026, Osprey Solana Trust returned -10.4%, which earned it a grade of B, as the Digital Assets category had an average return of -18.3%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Osprey Solana Trust has a trailing yield of 0.00%, which is below the 17.02% category average.
The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Osprey Solana Trust Grades
Year to date, the ETF has returned -41.9%, 9.4 percentage points worse than the category, which translates into a grade of D. The fund has returned -55.3% over the past year (grade of F) and 51.5% over the past three years (grade of A).
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OSOL Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| OSOL Return (NAV) | -10.4% | -11.6% | -55.3% | 51.5% | na | na |
| OSOL Return (Price) | 23.3% | 3.5% | -49.0% | 60.2% | na | na |
| NAV +/- Price Return | -33.734% | -15.086% | -6.245% | -8.683% | na | na |
| Digital Assets Avg | -18.3% | -15.1% | -30.3% | 3.0% | -19.1% | 53.7% |
| OSOL Grade (NAV) | B | B | F | A | na | na |
| +/- Category (NAV) | 7.9% | 3.5% | -24.9% | 48.5% | na | na |
| OSOL Tax-Cost Ratio | na | na | 0.0% | 0.0% | na | na |
OSOL Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| OSOL Return (NAV) | -41.9% | -38.1% | 79.8% | 922.8% | -94.2% | na | na | na | na | na | na |
| OSOL Return (Price) | -29.0% | -73.3% | 2.9% | 3901.3% | -95.3% | na | na | na | na | na | na |
| NAV +/- Price Ret | -0.307% | 0.923% | -0.964% | 3.228% | 0.012% | na | na | na | na | na | na |
| Digital Assets Avg | -32.4% | -11.3% | 63.4% | 159.0% | -73.9% | 199.4% | 175.1% | 11.8% | -81.4% | 1391.4% | 119.9% |
| OSOL Grade (NAV) | D | D | C | A | F | na | na | na | na | na | na |
| +/- Category | -9.4% | -26.9% | 16.4% | 763.8% | -20.3% | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | 99.4% |
| Category Risk Index: | 1.10 |
| Category Risk Rating: | High |
| Total Risk Index: | 8.18 |
| Total Risk Rating: | High |
| Portfolio Characteristics | |
| Yield: | 0.0% |
| Total Assets: | $ 14 Mil |
| Share Class Assets: | $ 14 Mil |
| Turnover: | na |
| Expense Ratio: | 2.50% |
| Index Fund: | Yes |
| Index Tracked: | SOL TOKENS USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | Yes |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Annually |
Management Team
| Number of Managers: 1 | |||
| Longest Tenure: 4.8 years | |||
| Average Tenure: 4.8 years | |||
| Managers (Year): Team Management (2021) | |||
Portfolio Composition (as of 6/30/24)
| # of Holdings: | 1 |
| % in Top 10 Holdings: | 100.0% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 0.0% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 100.0% |
| Cash: | 0.0% |
Purchase Information
| Legal Structure: | Grantor Trust |
| Fund Family: | Osprey Fund LLC |
| Phone Number: | 203-208-3767 |
| Website: | |
| Inception Date: | September 8, 2021 |
Expenses and Fees
| Expense Ratio (%): | 2.50% (Rating: High) |
| Category Average Expense Ratio (%): | 1.00% |
