- Grayscale Solana Trust (SOL) officially changed its name to **Grayscale Solana Trust ETF**, effective **October 28, 2025**.  **[1896677_0001193125-25-254710_sol-ex4_1.htm:0]** **[1896677_0001193125-25-254710_sol-20251022.htm:1]** **[1896677_0001193125-25-254710_sol-ex4_1.htm:2]** 
- The Sponsor's Fee for the Trust was significantly reduced from **2.5% to 0.35%**, effective the day the shares first list and trade on NYSE Arca, Inc., which is currently expected to be **October 29, 2025**.  **[1896677_0001193125-25-254710_sol-ex4_1.htm:0]** **[1896677_0001193125-25-254710_sol-20251022.htm:1]** 
- On **October 22, 2025**, the Sponsor's parent company underwent an internal corporate reorganization, resulting in Grayscale Investments, Inc. becoming the sole managing member of Grayscale Operating, LLC, the sole member of the Sponsor.  **[1896677_0001193125-25-254710_sol-20251022.htm:2]**  This reorganization is not expected to materially impact the Trust's operations.  **[1896677_0001193125-25-254710_sol-20251022.htm:2]**

Grayscale Solana Trust ETF (GSOL)