<span item_type="fundamental" item_id="81625e9ec737deaf0a6be81c3e2aab71" counter_id="ETF/US/FSOL" env="prod"></span><span item_type="announcement" item_id="592885614383140993" env="prod"></span><p>Revenue: As of FY2025 Q3, the actual value is USD 0.</p><p>EBIT: As of FY2025 Q3, the actual value is USD 0.</p><p></p><h3>Segment Revenue</h3><ul><li>The Trust purchased 23,402 SOL at an aggregate purchase price of $5.0 million on September 24, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2063380/000119312525317235/fsol-20250930.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li>Net change in unrealized depreciation on investment in SOL was - $161,939 for the period ended September 30, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2063380/000119312525317235/fsol-20250930.htm"></span></li><li>Net decrease in net assets resulting from operations was - $161,939 for the period ended September 30, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2063380/000119312525317235/fsol-20250930.htm"></span></li></ul><h3>Cash Flow</h3><ul><li>Net cash used in operating activities was - $5,000,000 for the period from September 10, 2025 (seeding date) to September 30, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2063380/000119312525317235/fsol-20250930.htm"></span></li><li>Net cash provided by financing activities was $5,000,000 for the same period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2063380/000119312525317235/fsol-20250930.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li>The Trust’s net asset value (NAV) per share was $24.19 as of September 30, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2063380/000119312525317235/fsol-20250930.htm"></span></li><li>Total net assets were $4,838,061 as of September 30, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2063380/000119312525317235/fsol-20250930.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li>The Trust aims to track the performance of SOL, adjusted for the Trust’s expenses and other liabilities, plus an amount based on the staking rewards associated with SOL.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2063380/000119312525317235/fsol-20250930.htm"></span></li><li>The Trust expects to outperform the Index before consideration of the Trust’s expenses and other liabilities due to the receipt of staking-based amounts.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2063380/000119312525317235/fsol-20250930.htm"></span></li><li>The Trust commenced operations on November 17, 2025, and Shares of the Trust began trading on NYSE Arca, Inc. on November 18, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/2063380/000119312525317235/fsol-20250930.htm"></span></li></ul>

Fidelity Solana Fund | 10-Q: FY2025 Q3 Revenue: USD 0