21Shares Solana ETF Files 8-K
Ticker: TSOL · Form: 8-K · Filed: Dec 18, 2025 · CIK: 2028834
Sentiment: neutral
Topics: material-definitive-agreement, corporate-action, filing
TL;DR
21Shares Solana ETF filed an 8-K on 12/12/25, signaling a material definitive agreement.
AI Summary
On December 12, 2025, 21Shares Solana ETF entered into a material definitive agreement. The filing also notes other events and includes financial statements and exhibits. The company was formerly known as 21Shares Core Solana ETF and Jura Pentium Trust 1.
Why It Matters
This 8-K filing indicates a significant corporate event or agreement for the 21Shares Solana ETF, requiring disclosure to investors.
Risk Assessment
Risk Level: low — This is a routine filing for a material definitive agreement and does not inherently present new risks.
Key Numbers
- 001-42904 — Commission File Number (Identifies the ETF's SEC filing record.)
- 39-6900299 — IRS Employer Identification No. (Tax identification number for the ETF.)
Key Players & Entities
- 21Shares Solana ETF (company) — Registrant
- 21Shares Core Solana ETF (company) — Former Company Name
- Jura Pentium Trust 1 (company) — Former Company Name
- December 12, 2025 (date) — Date of earliest event reported
- 477 Madison Avenue, 6th Floor, New York, New York 10022 (address) — Principal executive offices
FAQ
What is the nature of the material definitive agreement entered into by 21Shares Solana ETF?
The filing does not specify the details of the material definitive agreement, only that one was entered into on December 12, 2025.
When was the company formerly known as 21Shares Core Solana ETF?
The company changed its name from 21Shares Core Solana ETF on June 28, 2024.
What is the principal executive office address for 21Shares Solana ETF?
The principal executive offices are located at 477 Madison Avenue, 6th Floor, New York, New York 10022.
What is the SEC Act under which this 8-K is filed?
This 8-K is filed under the 1934 Act.
What is the fiscal year end for 21Shares Solana ETF?
The fiscal year end for 21Shares Solana ETF is December 31.
Filing Stats: 842 words · 3 min read · ~3 pages · Grade level 13.3 · Accepted 2025-12-18 16:35:01
Filing Documents
- ea0270188-8k_21shares.htm (8-K) — 27KB
- ea027018801ex10-1_21shares.htm (EX-10.1) — 216KB
- 0001213900-25-123314.txt ( ) — 458KB
- tsol-20251212.xsd (EX-101.SCH) — 3KB
- tsol-20251212_lab.xml (EX-101.LAB) — 33KB
- tsol-20251212_pre.xml (EX-101.PRE) — 22KB
- ea0270188-8k_21shares_htm.xml (XML) — 4KB
01 Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement. On December 16, 2025, 21Shares Solana ETF (the "Trust") entered into a new authorized participant agreement (the "Authorized Participant Agreement") with Macquarie Capital (USA) Inc. ("Macquarie"), pursuant to which Macquarie has agreed to act as an authorized participant of the Trust. The Authorized Participant Agreement provides the procedures for the creation and redemption of blocks of 10,000 shares ("Baskets") and for the delivery of the solana required for such creation and redemption. The Authorized Participant Agreement differs from the Trust's agreements with other authorized participants in that it allows for in-kind creation and redemption orders. In connection with each order by Macquarie to create or redeem one or more Baskets, unless waived by the sponsor of the Trust, 21Shares US LLC (the "Sponsor"), the Sponsor shall charge a transaction fee. The Authorized Participant Agreement may be amended as mutually agreed by the parties, without the consent of any shareholder of the Trust ("Shareholder"). The procedures governing the order entry system may be amended by the Trust without the consent of Macquarie or any Shareholder. The Authorized Participant Agreement requires the Trust to indemnify Macquarie and certain of its affiliates in certain situations, including against certain losses arising or related to untrue or alleged untrue statements of material fact under the Registration Statement and Prospectus (as defined therein), breach of the Authorized Participant Agreement or violation of applicable law. The Authorized Participant Agreement continues indefinitely, unless earlier terminated in accordance with its terms. The foregoing description is a summary, and does not purport to be a complete description, of the Authorized Participant Agreement, and is qualified in its entirety by reference to the Form of Master Authorized Participant Agreement, which is filed as Exhibit 10.1 hereto and is in
01 Other Events
Item 8.01 Other Events. Beginning in 2026, the Trust intends to pay cash distributions at least quarterly to Shareholders to distribute staking rewards earned by the Trust. The amount of any distribution, if any, will depend on the staking rewards actually earned by the Trust during each quarter and cannot be predicted with certainty. The amount of staking rewards earned will vary based on factors including, but not limited to, the amount of solana held by the Trust, the percentage of the Trust's solana that is staked, network staking participation rates, protocol reward rates on the Solana network, and network conditions. Accordingly, there can be no assurance as to the amount of distributions that will be paid in any quarter, and it is possible that no distributions will be paid in a given quarter if insufficient staking rewards are earned. The Trust will notify shareholders of the timing of any distributions via press release.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. 10.1 Form of Master Authorized Participant Agreement. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 1
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: December 18, 2025 21SHARES SOLANA ETF 21Shares US LLC, as Sponsor of 21Shares Solana ETF By: /s/ Duncan Moir Name Duncan Moir Title: President 2