3iQ Solana Staking (Units) 

This fund provides investors with direct exposure to Solana (SOL) and its U.S. dollar price fluctuations, while simultaneously generating staking rewards. Although regulated SOL futures may be employed for non-hedging objectives, total derivative exposure is strictly capped at 5% of the net asset value. Solana assets are procured from reputable digital asset trading platforms and established over-the-counter (OTC) counterparties. To boost potential returns, the fund plans to stake up to 50% of its SOL holdings; this process involves committing cryptocurrency to a blockchain network to earn income. Crucially, aside from the specific, limited futures use, the fund generally avoids other complex derivatives and does not utilize leverage. All Solana is held securely in segregated cold storage.