The Toronto Stock Exchange reports that Purpose Solana ETF will be listed at 5:01 p.m. on April 15, 2025, for trading at the open on April 16, 2025. According to the TSX, there will be 100,000 Canadian-dollar-denominated currency hedged units, 100,000 Canadian-dollar-denominated non-currency hedged units and 100,000 U.S.-dollar-denominated non-currency hedged units of the exchange-traded fund (ETF) issued and outstanding, with no securities reserved for issuance. The Canadian-dollar-denominated currency hedged units will trade under the symbol SOLL and with Cusip No. 745924 10 0, the Canadian-dollar-denominated non-currency hedged units will trade under the symbol SOLL.B and with Cusip No. 745924 11 8, and the U.S.-dollar-denominated non-currency hedged units will trade under the symbol SOLL.U and with Cusip No. 745924 12 6.

The TSX reports that the ETF seeks to invest substantially all of its assets in long-term holdings of solana and to provide the holders of ETF units with the opportunity for long-term capital appreciation. It does not expect to pay regular cash distributions on its units. The ETF's manager and trustee is Purpose Investments Inc., its transfer agent and registrar is TSX Trust Company at its principal office in Toronto, and its fiscal year-end is Dec. 31.

As stated in its April 11, 2025, prospectus, the ETF is issuing 100,000 currency hedged units at $10 (Canadian) per unit, 100,000 non-currency hedged units at $10 (Canadian) and 100,000 non-currency hedged units at $10 (U.S.) per unit in its initial public offering. It expects to close the offering on April 15, 2025. The designated market-maker is BMO Nesbitt Burns Inc.