The Invesco Galaxy Solana ETF is a Delaware statutory trust that allows investors to gain exposure to Solana cryptocurrency through exchange-traded shares offered to authorized financial institutions. The fund holds Solana tokens in secure custody and stakes substantially all holdings to generate staking rewards for shareholders while maintaining a liquidity reserve for redemptions and expenses, passively tracking the spot price of Solana adjusted for staking rewards and fees. The trust charges a unified annual sponsor fee of 0.25% on assets under management, with Invesco covering all operational and administrative costs, while Coinbase Custody secures the digital assets and Galaxy Digital serves as the execution agent for transactions.