---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-014280"
form_type: "8-K"
ticker: "TSOL"
cik: "0002028834"
company_name: "21Shares Solana ETF"
filed_at: "2026-02-10T23:59:59+00:00"
generated_at: "2026-05-16T03:40:48.507097+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# 21Shares Solana ETF enters staking agreements with Figment and Twinstake

## Summary
- Figment and Twinstake to provide staking services for SOL tokens.
- Compensation is a low single-digit percentage of staking rewards.
- Trust may stake/unstake at any time subject to bonding/unbonding periods.
- Liability caps: 6 months' fees (Figment) and 12 months' fees (Twinstake).
- Agreements effective Feb 4, 2026, terminable at any time for any reason.

## SEC filing metadata
- accession: 0001213900-26-014280
- form_type: 8-K
- ticker: TSOL
- cik: 0002028834
- company_name: 21Shares Solana ETF
- filed_at: 2026-02-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2028834/000121390026014280/0001213900-26-014280-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2028834/000121390026014280/ea027630801-8k_21shares.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-014280
- JSON: https://secwatch.observer/filing/0001213900-26-014280.json
- Plain text: https://secwatch.observer/filing/0001213900-26-014280.txt

## Key facts
- Material Agreements
  21Shares Solana ETF entered into Twinstake Agreement with Twinstake Ltd (effective 2026-02-04).
  - Action: entry
  - Counterparty: Twinstake Ltd
  - Effective: 2026-02-04
  source text: On February 4, 2026, the Trust entered into a staking services agreement with Twinstake Ltd, an exempted company incorporated in the Cayman Islands (“Twinstake” and such agreement, the “Twinstake Agreement”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/2028834/000121390026014280/0001213900-26-014280-index.htm
- Material Agreements
  21Shares Solana ETF entered into Figment Agreement with Figment Inc. (effective 2026-02-04).
  - Action: entry
  - Counterparty: Figment Inc.
  - Effective: 2026-02-04
  source text: On February 4, 2026, 21Shares Solana ETF (the “Trust”) entered into a staking services agreement with Figment Inc., an Ontario corporation (“Figment” and such agreement, the “Figment Agreement”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/2028834/000121390026014280/0001213900-26-014280-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.