SOLC Canary Marinade Solana ETF

A spot Solana trust. It holds the coin and trades like a share.Canary0.50% feeSince Nov 18, 2025SEC filings ↗Every Canary fund ETFIQ covers

Since listing to Sep 30, 2026, SOLC returned −13.3% against Solana’s −16.1%, 2.8 percentage points ahead.

−13.3%
Total return, time since it listed
−16.1%
Solana over the same days
+2.8 pts
Difference against Solana, in percentage points
217
Days it has traded
Where every fund in this set sits

How much of what holding the coin gave did a holder of the fund keep?

Share of the coin's growth it kept
LTCC 96.1%GDOG 98.3%XRPZ 98.3%CLNK 98.4%GXRP 98.5%BWOW 98.9%MSSE 99.3%TDOG 99.3%XRP 99.3%MSOL 99.4%MSBT 99.5%ETHB 100.0%TOXR 100.1%XRPC 100.1%BAVA 100.5%TDOT 101.0%GAVA 101.6%FSOL 102.5%VAVX 102.7%QSOL 103.3%VSOL 103.8%BSOL 104.0%TSOL 104.4%SOEZ 105.7%SOLC 103.3%SOLC 103.3%96.1%105.7%
96.1% to 105.7% across 25

That is the share of the 25 spot crypto ETPs listed less than a year sitting at or below SOLC.

A position in this set, not a rating: it moves when the set moves, and it is not a figure to average against another desk's.

ETFIQ Coin Capture Score
80.0joint 5th of 25

SOLC kept 103.3% of what holding Solana gave over the same days.

share of the coin's growth it kept103.3% · 80th pct
WindowThe fundSolanaDifference, percentage points
1M Aug 31 – Sep 30, 2026+13.3%+14.6%−1.3 pts
3M Jul 1 – Sep 30, 2026+54.3%+52.6%+1.7 pts
6M Apr 1 – Sep 30, 2026+43.5%+45.4%−1.9 pts
Since it listed Nov 18, 2025 – Sep 30, 2026−13.3%−16.1%+2.8 pts

SOLC over each window to Sep 30, 2026. Every figure is an ETFIQ calculation. Source: ETFIQ.

In plain words

Over the time since it listed to Sep 30, 2026, Solana moved −16.1% and SOLC returned −13.3%. That leaves it 2.8 percentage points ahead. That difference is the fee, the custody cost, the friction of creating and redeeming shares in blocks, and whatever the market paid for the shares rather than for the coin, all of it together. It is the only figure on this page the sponsor does not publish itself. SOLC charges 0.50% a year and finished 2.8% ahead of Solana, which a fee cannot do on its own. Solana is a proof of stake chain, so a fund holding it can stake. SOLC’s own filings say it does (10-Q, Aug 7, 2026). What the prices show is that it finished 2.8% ahead of Solana’s own price over the same days, against +3.4% for the other 7 funds holding Solana. After a fee, an in-kind ETP ahead of the asset it holds got there by staking. A spot trust is not a registered investment company. It files a 10-K rather than an N-PORT, and its holding is one line: the Solana it custodies.
SponsorCanary
HoldsSolana
Sponsor’s fee (10-Q)0.50%
Fee waiverthe whole fee. The filing does not give an end date, so whether it still applies is not established here.
Stakingthe filings say the trust stakes
Listed sinceNov 18, 2025
Days traded217
Days it closed unchanged0
Quotedon an exchange, every trading day
Price$23.6718
SOLC (Canary Marinade Solana ETF), crypto ETFs fields as of Sep 30, 2026. Source: ETFIQ.
Fund closes and coin closes from Tiingo, read at the same two dates. ETFIQ calculation. How these figures are computed

Questions people ask about SOLC

Does SOLC track Solana?
Over the time since it listed to Sep 30, 2026 it returned −13.3% against Solana’s −16.1%, which leaves it 2.8 percentage points ahead. That difference carries the fee, the custody cost and the market’s pricing of the shares, and ETFIQ computes it from the fund’s own closes and the coin’s own closes over the same two dates.
Does SOLC stake?
Solana is a proof of stake chain, so staking is possible. Whether this fund stakes, and what the sponsor keeps of it, is a term in its own filings and is read from those rather than assumed.
What is SOLC?
Canary Marinade Solana ETF, a spot Solana trust sponsored by Canary, listed Nov 18, 2025. It holds the coin through a custodian rather than futures on it or shares in companies that own it.
Cite this page

ETFIQ, SOLC, crypto ETFs, data as of Sep 30, 2026. https://etfiq.com/funds/solc

Open SOLC live on ETFIQ

The tracking bar for SOLC, redrawn every trading night. Free to use with the credit link.

Free to use with attribution; the underlying files are at Open data.

Tracking difference
The fund’s total return minus the coin’s over exactly the same days, in percentage points. The fee, the custody cost, the creation and redemption friction and whatever the market paid for the shares, all of it, in one number.
Spot
The fund holds the coin itself, through a custodian, rather than futures on it or shares in companies that own it. Only spot funds are on this desk; the others are measured where they belong.
Sponsor
Who runs the trust. A spot crypto ETF is a 1933 Act trust rather than a registered investment company, so it has a sponsor rather than an adviser, and files a 10-K rather than an N-PORT.
Thinly quoted
A fund whose price sat unchanged on more than one trading day in twenty. Its quoted return is what somebody paid on the days anyone traded, which is not the same thing as what the fund did, so ETFIQ shows it and does not rank it against funds that trade.
Staking
Only proof of stake coins can be staked, so it exists for ether and Solana funds and cannot exist for a bitcoin one. Where a fund stakes, the yield and the sponsor’s share of it are terms in its own filings.