MuntMogul Solana Trust is solely and passively invested in SOL, enabling investors to gain exposure to SOL in the form of a security while avoiding the challenges of buying, storing, and safekeeping SOL, directly.
- Benchmark IndexCoinDesk Solana Price Index (SLX)
- CUSIP38965D104
- ISINUS38965D1046
- BloombergSOLFUND
- OTC-
- Inception Date11/18/2021
- Annual Fee2.5%
- AUM$1,564,807**‡
- Shares Outstanding608,855‡
- SOL per share0.19440858‡
Titled, auditable ownership through a traditional investment vehicle
MuntMogul Solana Trust is a traditional investment vehicle with shares titled in the investor's name, providing a familiar structure for financial and tax advisors, and easy transferability to beneficiaries under estate laws.
Eligible for tax-advantaged accounts
Shares of MuntMogul Solana Trust are eligible to be held in certain IRA, Roth IRA, and other brokerage and investor accounts.
Supported by a network of trusted service providers
Davis Polk & Wardwell LLP serves as legal counsel to the Sponsor of MuntMogul Solana Trust. Financial statements for MuntMogul Solana Trust are audited annually by Marcum LLP.
Robust security and storage
MuntMogul Solana Trust’s assets are stored in offline or “cold” storage with Coinbase Custody Trust Company, LLC, as Custodian. The Custodian is a fiduciary under § 100 of the New York Banking Law and a qualified custodian for purposes of Rule 206(4)-2(d)(6) under the Investment Advisers Act of 1940, as amended.
No Data Found
Holdings / Share **
At close as of 01/06/2023
$2.57
Day Change
Holdings / Share **
Returns (At close as of 01/06/2023)
| 1 Day | 1 Month | 3 Months | YTD | 12 Months | Since Inception |
|---|---|---|---|---|---|
| -3.75% | -6.55% | -60.94% | 33.85% | -91.46% | -93.70% |
Past performance is not necessarily indicative of future results.
For NAV Per Share and AUM calculated in accordance with US GAAP Methodology.
**Digital Asset Holdings per share is calculated daily at 4pm ET, based on the applicable CoinDesk Index or Reference Rate. If you would like to see how Holdings is calculated, please refer to the applicable Product’s disclosure language on OTC Markets or in its private placement memorandum.
*Products displayed without a Market Price per Share are not publicly quoted. There can be no assurance that the value of the Shares of such Product will reflect the value of digital assets held by such Product, less such Product’s expenses and other liabilities, and the Shares of such Product, if traded on any secondary market, may trade at a substantial premium over, or substantial discount to, such value and such Product may be unable to meet its investment objective.
‡ As of 1/6/2023
- Investment ObjectiveShares (based on SOL per Share as indicated below) track the SOL market price, less fees and expenses.* Please consult with your financial professional.
- Benchmark IndexCoinDesk Solana Price Index (SLX)
- Investor QualificationsAccredited Investors
- Minimum Investment Requirement$25,000
- Sponsor's Fee2.5% Annually
- Extraordinary ExpensesThe Product may from time to time incur certain extraordinary expenses, which are payable by the Product.
- Performance Fee0%
- Assets Under Management$1,564,807**‡
- SubscriptionsDaily
- SOL Holdings per Share ($)Calculated and published on business days at 4:00pm ET time.
- Secondary Market TradingFollowing a one-year holding period, Grayscale intends to attempt to have Shares of new products quoted on a secondary market. However there is no guarantee that we will be successful.
- RedemptionsRedemptions of shares are not currently authorized
- IRA Eligibility & Other Self-Directed AccountsSubscriptions can be made with IRA assets through Pacific Premier Trust, the Entrust Group, and others.
- CUSIP38965D104