Item 1.01 Entry into a Material Definitive Agreement.
On December 9, 2025, VanEck Digital Assets, LLC (the "Sponsor"), sponsor of VanEck Solana ETF (the "Trust"), and CSC Delaware Trust Company, in its capacity as trustee of the Trust (the "Trustee"), entered into a Fourth Amended and Restated Declaration of Trust and Trust Agreement (the "Trust Agreement") primarily to (i) indicate the amount of SOL the Trust seeks to stake and (ii) provide for the ability of the Sponsor to temporarily extend redemption settlement dates.
The foregoing description of the Trust Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Trust Agreement, which has been filed with this Current Report on Form 8-K as Exhibit 4.1 and incorporated by reference herein.
Item 3.03 Material Modifications to Rights of Security Holders.
The information set forth in Item 1.01 relating to the Trust Agreement is incorporated herein by reference.