21Shares Solana ETF Waives Sponsor Fee for One Year

What Happened

• On July 27, 2026, 21Shares Solana ETF (TSOL) filed an 8‑K reporting that its sponsor, 21Shares US LLC, agreed to voluntarily waive the sponsor fee it receives as compensation for services to the Trust for a one‑year period beginning July 28, 2026 and ending July 27, 2027. The Trust issued a press release about the waiver (filed as Exhibit 99.1).

Key Details

• Sponsor: 21Shares US LLC.
• Waiver period: July 28, 2026 through July 27, 2027 (one year).
• Nature: Voluntary waiver of the sponsor fee (compensation for services to the Trust).
• The filing notes the press release announcing the waiver; it does not disclose the dollar amount or percentage of fees being waived.

Why It Matters

• A sponsor fee waiver reduces the fees paid out of the fund’s assets during the waiver period, which can lower the fund’s operating expenses and modestly improve net returns to shareholders, all else equal.
• The waiver is temporary and voluntary; investors should not assume it will be extended past July 27, 2027 and should watch for future disclosures or updates from the sponsor or Trust.