Fidelity Solana Fund (FSOL) Stock Price, Quote, News & History | Benzinga

In seeking to achieve its investment objective, the Trust holds SOL and values its Shares daily as of 4:00 p.m. Eastern time (EST) using the same methodology used to calculate the Index. Pursuant to the Trusts investment objective, the Sponsor will utilize the services of the Custodians to stake, or cause to be staked, all of the Trusts SOL with one or more Node Operators, except for SOL reserved by the Sponsor in its sole discretion to facilitate foreseeable redemption transactions, pay Trust expenses, protect the Trust and its assets, and comply with its Liquidity Program (as defined below). Accordingly, while under normal circumstances the Trust may stake up to 100 percent of the Trusts SOL, there is no minimum percentage the Trust is required to stake. The Trust will receive a portion of the staking rewards generated by a Node Operator. The Sponsor may, in the future, also seek to utilize LSTs or purchase staked SOL from third parties as alternative methods of generating staking rewards, subject to its determination that the Trust may do so without undue legal, regulatory or tax risk.