TSOLvsHSDT
21Shares Solana ETF vs Solana Company
Side-by-side Solana treasury comparison: holdings, market cap, mNAV ratio, cost basis, and recent purchases. Numbers refresh every 5 minutes from SEC filings and live market data.
TSOL
21Shares Solana ETF
🇺🇸 US
38,166 SOL
$3.0M market value
HSDT
Solana Company
🇺🇸 US
2,071,127 SOL
$160.2M market value
Metric
TSOL
HSDT
SOL holdings
38,166 SOL
2,071,127 SOL
Market value of SOL
$3.0M
$160.2M
Average cost per SOL
—
$217.17
Total cost basis
—
$449.8M
mNAV (market cap ÷ SOL value)
—
0.62×
Last disclosed purchase
Dec 31, 2025
May 15, 2026
- Dec 31, 2025+0 SOL—
- Sep 30, 2025+0 SOL—
- May 15, 2026+0 SOL—
- May 15, 2026+6,410 SOL$590.5K
- May 15, 2026+0 SOL$52.1K
TSOL vs HSDT: frequently asked
Which company holds more Solana, TSOL or HSDT?▾
Solana Company (HSDT) holds 2,071,127 SOL, compared to 21Shares Solana ETF's (TSOL) 38,166 SOL — roughly 54.3× more.
What's the total Solana value on the balance sheets of TSOL and HSDT?▾
TSOL holds $3.0M worth of Solana at current market prices. HSDT holds $160.2M.
Who has a lower cost basis per SOL, TSOL or HSDT?▾
Cost basis disclosure is inconsistent across these two entities; check each company's detail page for per-purchase history.
When did TSOL last buy Solana?▾
TSOL disclosed a 0 SOL purchase on December 31, 2025.
When did HSDT last buy Solana?▾
HSDT disclosed a 0 SOL purchase on May 15, 2026.