Canary Marinade Solana ETF (SOLC) Stock Price, Quote, News & History | Benzinga

In seeking to achieve its investment objectives, the Trust will hold SOL and establish its net asset value (NAV) by reference to the CoinDesk Solana CCIXber 60m New York Rate (Pricing Benchmark). The Pricing Benchmark is calculated by CoinDesk Indices (the Benchmark Provider) based on a 60-minute time-weighted average price of the SOL-USD CCIXber Reference Rate (the Underlying Index), which is an aggregation of executed trade flow of major SOL trading platforms (Constituent Platforms). Canary Capital Group LLC (the Sponsor) is the sponsor of the Trust, CSC Delaware Trust Company (the Trustee) is the trustee of the Trust, U.S. Bancorp Fund Services, LLC is the Trusts transfer agent (in such capacity, the Transfer Agent) and cash custodian (in such capacity, the Cash Custodian), and BitGo Trust Company, Inc. (the Custodian) is the custodian for the Trust, and will hold all of the Trusts SOL on the Trusts behalf.