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21Shares Solana ETF (TSOL) Stock Fundamental Analysis & AI Rating 2026

TSOL CBOE Commodity Contracts Brokers & Dealers DE CIK: 0002028834
Recently Updated • Analysis: Apr 17, 2026 • SEC Data: 2025-12-31
STRONG SELL
85% Conf
Pending
Analysis scheduled

📊 TSOL Key Takeaways

Revenue: N/A
Net Margin: N/A
Free Cash Flow: N/A
Current Ratio: N/A
Debt/Equity: 0.00x
EPS: $0.00
AI Rating: STRONG SELL with 85% confidence
21Shares Solana ETF (TSOL) receives a STRONG SELL rating with 85% confidence from our AI fundamental analysis based on SEC 10-K filings., and return on equity (ROE) of -72.3% Below is our complete TSOL stock analysis for 2026.

Is 21Shares Solana ETF (TSOL) a Good Investment?

Claude

This Solana ETF exhibits severe fundamental deterioration with net losses of $4.1M generating negative ROE of -72.3% and ROA of -71.9%, destroying shareholder value at an alarming rate. The fund's critically small asset base of only $5.8M combined with operating losses raises substantial concerns about fund viability and liquidation risk. While leverage-free, the fund's capital cushion is inadequate to sustain operations amid concentrated cryptocurrency exposure volatility.

Why Buy 21Shares Solana ETF Stock? TSOL Key Strengths

Claude
  • + Zero financial leverage (Debt/Equity: 0.00x) eliminates default risk
  • + Minimal liabilities ($35.2K) provide clean balance sheet structure
  • + Positive stockholders equity of $5.7M remains available as capital buffer

TSOL Stock Risks: 21Shares Solana ETF Investment Risks

Claude
  • ! Catastrophic profitability: -$4.1M net loss with -72.3% ROE and -71.9% ROA indicates value destruction
  • ! Critically undercapitalized fund with only $5.8M AUM creates severe viability and closure risk
  • ! Concentrated cryptocurrency exposure with minimal asset base amplifies operational and volatility risks
  • ! Zero insider Form 4 activity signals absence of management confidence or commitment

Key Metrics to Watch

Claude
  • * Path to profitability and operating loss trajectory across quarters
  • * Assets under management stability and net inflows/outflows trend
  • * Operating cost coverage ratio relative to shrinking asset base

21Shares Solana ETF (TSOL) Financial Metrics & Key Ratios

Revenue
N/A
Net Income
$-4.1M
EPS (Diluted)
$0.00
Free Cash Flow
N/A
Total Assets
$5.8M
Cash Position
$500.0K

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

TSOL Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin N/A
Net Margin N/A
ROE -72.3%
ROA -71.9%
FCF Margin N/A

TSOL vs Market Sector: How 21Shares Solana ETF Compares

How 21Shares Solana ETF compares to Market sector averages

Net Margin
TSOL 0.0%
vs
Sector Avg 12.0%
TSOL Sector
ROE
TSOL -72.3%
vs
Sector Avg 15.0%
TSOL Sector
Current Ratio
TSOL 0.0x
vs
Sector Avg 1.8x
TSOL Sector
Debt/Equity
TSOL 0.0x
vs
Sector Avg 0.7x
TSOL Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is 21Shares Solana ETF Stock Overvalued? TSOL Valuation Analysis 2026

Based on fundamental analysis, 21Shares Solana ETF has mixed fundamental signals relative to the Market sector in 2026.

Return on Equity
-72.3%
Sector avg: 15%
Net Profit Margin
N/A
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

21Shares Solana ETF Balance Sheet: TSOL Debt, Cash & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
0.00x
Debt/Assets
0.6%
Interest Coverage
N/A
Long-term Debt
N/A

TSOL Revenue & Earnings Growth: 5-Year Financial Trend

TSOL 5-year financial data:
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: 21Shares Solana ETF's revenue has remained relatively flat over the 5-year period, with a 0% decline.

TSOL Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
N/A
Free cash flow / Revenue

TSOL SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for 21Shares Solana ETF (CIK: 0002028834)

📋 Recent SEC Filings

Date Form Document Action
Mar 30, 2026 10-K ea0281519-10k_21shares.htm View →
Feb 10, 2026 8-K ea027630801-8k_21shares.htm View →
Dec 31, 2025 10-Q ea0270077-10q_21shares.htm View →
Dec 18, 2025 8-K ea0270188-8k_21shares.htm View →
Nov 17, 2025 S-1/A ea0259370-s1a5_21shares.htm View →

Frequently Asked Questions about TSOL

What is the AI rating for TSOL?

21Shares Solana ETF (TSOL) has an AI rating of STRONG SELL with 85% confidence, based on fundamental analysis of SEC EDGAR filings.

What are TSOL's key strengths?

Claude: Zero financial leverage (Debt/Equity: 0.00x) eliminates default risk. Minimal liabilities ($35.2K) provide clean balance sheet structure.

What are the risks of investing in TSOL?

Claude: Catastrophic profitability: -$4.1M net loss with -72.3% ROE and -71.9% ROA indicates value destruction. Critically undercapitalized fund with only $5.8M AUM creates severe viability and closure risk.

What is TSOL's revenue and growth?

21Shares Solana ETF reported revenue of N/A.

Does TSOL pay dividends?

21Shares Solana ETF does not currently pay dividends.

Where can I find TSOL SEC filings?

Official SEC filings for 21Shares Solana ETF (CIK: 0002028834) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is TSOL's EPS?

21Shares Solana ETF has a diluted EPS of $0.00.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is TSOL a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, 21Shares Solana ETF has a STRONG SELL rating with 85% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is TSOL stock overvalued or undervalued?

Valuation metrics for TSOL: ROE of -72.3% (sector avg: 15%), net margin of N/A (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy TSOL stock in 2026?

Our dual AI analysis gives 21Shares Solana ETF a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is TSOL's free cash flow?

21Shares Solana ETF's operating cash flow is N/A, with capital expenditures of N/A.

How does TSOL compare to other Market stocks?

Vs Default sector averages: Net margin N/A (avg: 12%), ROE -72.3% (avg: 15%), current ratio N/A (avg: 1.8).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 17, 2026 | Data as of: 2025-12-31 | Powered by Claude AI