Skip to content
etf.net

Launched · SEC filings

Canary Marinade Solana ETF

SOLCNasdaqC

$21.78+0.04 (+0.17%)

At close: Oct 13, 2026, 4:00 PM

C40/ 100

Rank 8 of 9 in Spot Solana

C40/100Rank 8 of 9inSpot Solana
Intraday session: up, 8 prints from 21.74 to 21.78. Range 21.63 to 21.87. Use the arrow keys to read each point.21.6521.7021.8510 AM12 PM2 PM4 PM
Expense ratio
0.50%
Fund size
$4M
1Y total return
—
Yield · Last 12 months
—
Holdings
1
Avg volume · 30D
0M sh
NAV per share
$22.07
52W range
low $12.23high $28.66
Launched
Filings
SEC EDGAR

The ETF.net SOLC Grade

Based on 5 of 6 pillars

C

Score 40 out of 100

Category
Spot Solana⁠
Rank
8 of 9
Six-pillar profile for SOLC. Scores out of 100: Cost 21, Risk 64, Mission 100, Tradability 38, Holdings not scored, Durability 21. Strongest: Mission (100). Weakest: Durability (21). Based on 5 of 6 pillars.

Score 40 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

Very small fund, grade capped at C.

The cap holds the Score at 40 or below, so B and A are out of reach.

The pillars earned
53
This cap took
−13
Published Score
40 Grade C

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F21 out of 100
    Rank 8 of 9

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A100 out of 100
    Rank 1 of 8

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B64 out of 100
    Rank 3 of 8

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D38 out of 100
    Rank 6 of 9

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    F21 out of 100
    Rank 9 of 9

Our read on SOLC

ETF.net Research

CSpot Solana that also stakes, launched into the crowded late-2025 Solana rush. The staking machinery is real; so is the 0.50% fee, more than double what the typical fund in this cohort charges.

Stated mandate

The Trust seeks exposure to the price of Solana held by it, after operating expenses and liabilities. It also seeks additional SOL through Solana Network proof-of-stake validation.

Why people hold it

  1. 01Holds SOL directly and puts it to work: the trust seeks additional SOL through Solana proof-of-stake validation, not just price exposure.
  2. 02Staking rewards are pursued as more SOL inside the trust rather than cash payouts, and the fund has not made distributions.
  3. 03One brokerage ticker covers both holding and staking Solana, with the trust handling custody and validation mechanics.

Worth knowing

  1. 01The 0.50% fee sits well above the cohort median of 0.21%, and staking rivals BSOL (0.20%) and GSOL (0.19%) do a similar job for less.
  2. 02A small fund that trades lightly, so spreads tend to be wider than at the largest Solana ETFs.
  3. 03Launched in November 2025 into a six-fund Solana field, so the track record is short and it starts from the back of that group.

SOLC Holdings

As of Oct 13, 2026
Asset class
Other
Holdings
1
Top-10 weight
100%
Largest holding
Solana100.0%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—Solana100.02%34,423$4M6

Showing 1–1 of 1 holdings

SOLC Performance

Launched Nov 17, 2025

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
SOLC$9,107
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,500
Dec 31, 2025 to Oct 12, 2026. SOLC $9,107. SPY $11,500. Use the arrow keys to read each point.$4,744$8,380$12,016Dec 2025May 2026Oct 2026

Dec 31, 2025 – Oct 12, 2026

Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for SOLC. Periods over one year show the average yearly return.
PeriodSOLC
Year to date−8.9%
1 month+6.5%
3 months+40.6%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper year—

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for SOLC
YearReturn barSOLC
2026 YTD−8.9%
2025−3.8%

Since listing, Nov 17, 2025

SOLC in the news

Filtered to SOLC · Spot Solana

SOLC Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 12, 2026.
—Last 12 months
Payout per share
—Last 12 months

Listed Nov 2025. No distributions yet.

SOLC Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Nov 2025; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched Nov 2025; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
—
Launched Nov 2025; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.58
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

SOLC Cost

Expense ratio0.50%
  • The middle half of Spot Solana funds
  • Median 0.21%

7 of the 9 Spot Solana funds charge less.

SOLC costs $50.00 a year on $10,000. The median Spot Solana fund costs $21.00.

Other funds in Spot Solana

See others