ESOL

ETC Group Physical Solana

Physical Solana exposure with safe custody and the liquidity of an exchange traded product.

Case for a Solana ETC

An easy way to invest in Solana

Unlike directly investing in SOL, ESOL needs no cryptocurrency wallet, unless investors wish to redeem ESOL for SOL. Your units of ESOL are safely held with your broker or bank.

Invest in Solana on a regulated exchange

Solana ETC trades on regulated European exchanges e.g. XETRA, SIX. Investors can trade with confidence knowing that market participants are vetted and monitored, preventing market abuse unlike largely unregulated cryptocurrency exchanges.

Safe custody

The SOL is stored with Coinbase Custody Trust Company, a secure, regulated custodian, built for digital assets. Strict KYC and AML standards ensure the provenance of all custodied cryptocurrency is vetted.

As of 10.04.2024

Product Objective

ETC Group Physical Solana (ESOL) is an exchange traded cryptocurrency (ETC) that tracks the price of Solana’s cryptocurrency called Solana (SOL). Solana is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions. Each unit of ESOL is 100% physically backed by SOL, and trades on European exchanges, providing investors with a safer and liquid way to gain exposure to Solana. Each unit of ESOL gives the holder a claim on a predefined amount of SOL. ESOL is issued by ETC Group and marketed and distributed by HANetf.

Key Information

Inception Date09/12/2021
Base currencyUSD
Value of SOL Holdng$17,789,046
TER195 bps
Replication MethodPhysically Allocated SOL
DomicileGermany
ISINDE000A3GVKZ1

Key Risks

Investors’ capital is at risk and investors may not get back the amount originally invested and should obtain independent advice before making a decision. Any decision to invest should be based on the information contained in the relevant prospectus. ETC securities are structured as debt securities, not as equity.

Product Information

TickerESOL
Asset ClassDigital Assets

Net Asset Values

NAV$16.04
Value of SOL Holdng$17,789,046
Shares Outstanding1,109,300
Issuer AUM$1,682,589,217
Entitlement Per Security0.0954506393

Product Structure

UCITS CompliantNo
UCITS EligiblePlease contact HANetf
ISA Eligible*Yes
SIPP Eligible*Yes

* only for professional investors investing via this wrapper in UK

Key Service Providers

CustodianCoinbase
TrusteeAPEX Corporate Trustees (UK) Limited
IssuerETC Issuance GmbH
RegistrarClearstream Banking AG, Frankfurt ("CBF")

Registrations

Austria
Czech Republic
Denmark
Finland
France
Germany
Ireland
Italy
Luxembourg
Netherlands
Norway
Poland
Spain
Sweden
Switzerland

Listings & Codes

ExchangeTickerRICSEDOLCCYListing Date
XetraESOM GYESOM.DEBN6KDG1$2021-12-15
XetraESOL GYESOL.DEBN473S62021-12-15
SIXESOLGBP SEESOLGBP.SBL6CF56£2022-01-19
SIXESOLCHF SEESOLCHF.SBL6CFB22022-01-19
Exchange Xetra
Ticker ESOM GY
RIC ESOM.DE
SEDOL BN6KDG1
CCY $
Listing Date 2021-12-15
Exchange Xetra
Ticker ESOL GY
RIC ESOL.DE
SEDOL BN473S6
CCY
Listing Date 2021-12-15
Exchange SIX
Ticker ESOLGBP SE
RIC ESOLGBP.S
SEDOL BL6CF56
CCY £
Listing Date 2022-01-19
Exchange SIX
Ticker ESOLCHF SE
RIC ESOLCHF.S
SEDOL BL6CFB2
CCY
Listing Date 2022-01-19

Returns

ESOL (Fund)
1M40.88%
3M74.23%
6M808.42%
YTD74.23%
12M772.16%
3Y-
Since Inception (09/12/2021)-1.83%

Performance chart

NAV

Source: HANetf, data as of 31.03.2024. Please note that all performance figures are showing net data. The underlying benchmark is “Solana”, performance is in USD. Past performance is not an indicator for future results and should not be the sole factor of consideration when selecting a product. Investors should read the prospectus of the Issuer (“Prospectus”) before investing and should refer to the section of the Prospectus entitled “Risk Factors” for further details of risks associated with an investment in this product. If product is less than 12 months old, YTD field will be calculated since inception. When you invest in ETCs your capital is at risk.

Holdings As of 10.04.2024

Index Details

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About Partner

ETC Group brings together financial services professionals with experience spanning both the worlds of digital assets and regulated markets with a single goal: to make investing in crypto-currencies easy, transparent and safe. Much has been said but little done in delivering what the institutional investor wants and expects in this space. In developing this platform, the team at ETC has taken every care to deliver products with integrity that address the very real concerns that many investors have in trading unregulated assets.
United within ETC Group is one of the world’s largest electronic market makers, two London-based FCA- regulated brokers and a team of experienced financial services professionals all bringing network and know-how to the venture.

In the traditional sense, ETC stands for “exchange traded commodity”. ETC Group branded the venture under the ETC brand hijacking the traditional acronym and turning it into “exchange traded crypto” (“ETC”). Products such as BTCE are structured like bonds and come with all the perks of trading on regulated exchange.