TORONTO--(BUSINESS WIRE)--

(“CI GAM”) announces that it has filed, and obtained a receipt for, a preliminary prospectus for CI Galaxy Solana ETF (“the ETF” or “SOLX”).

SOLX’s investment objective is to provide unitholders with exposure to Solana tokens (“SOL”) through an institutional-quality fund platform. The ETF will invest directly in SOL with its SOL holdings priced based on the Bloomberg Galaxy Solana Index (the “Solana Index”), which is designed to measure the performance of a single SOL traded in U.S. dollars. The Solana Index is owned and administered by Bloomberg Index Services Limited.

SOLX will be managed by CI GAM and Galaxy Asset Management (“Galaxy”) will act as sub-advisor, executing all SOL trading on behalf of the ETF.

“SOLX is designed to provide exposure to the increasingly important Solana blockchain platform through the convenience of the ETF structure,” said Jennifer Sinopoli, Executive Vice-President and Head of Distribution for CI GAM. “Investors will also benefit from the deep expertise of Galaxy, which has extensive experience in the global cryptocurrency sector and in managing digital assets.”

“At Galaxy, we’ve been deeply embedded in the Solana ecosystem for years – not just as investors, but as one of the largest validators securing the network,” said Steve Kurz, Global Head of Galaxy Asset Management. “With our expertise in digital asset infrastructure and staking, we, in partnership with CI, are uniquely positioned to offer investors institutional-quality access to Solana through a familiar, low-cost investment vehicle.”

CI GAM offers one of the industry’s of investment funds for digital assets. The lineup includes ETFs and mutual funds focused on bitcoin and ether, a multi-crypto ETF and a blockchain ETF.

A preliminary prospectus dated February 3, 2025 containing important information relating to the securities of SOLX has been filed with the securities commissions or similar authorities in each of the provinces and territories of Canada. The preliminary prospectus is still subject to completion or amendment. A copy of the preliminary prospectus is available on . There will not be any sale or any acceptance of an offer to buy the securities until a receipt for the final prospectus has been issued.

About Galaxy Asset Management

Galaxy Asset Management (“GAM”), an affiliate of Galaxy (TSX: GLXY), is dedicated to providing institutional-quality access to the digital assets ecosystem. GAM oversees US$5.7 billion in assets across passive, venture, and active strategies, leveraging the broader capabilities of Galaxy Digital Holdings Ltd. – a digital asset and blockchain leader powering the growing digital economy. Headquartered in New York City and operating globally across North America, Europe, and Asia, Galaxy combines proven expertise with innovative solutions. For more information on Galaxy, visit .

About CI Global Asset Management

CI Global Asset Management (“CI GAM”) is one of Canada’s largest investment management companies. It offers a wide range of investment products and services and is on the web at . CI GAM is a subsidiary of (TSX: CIX), an integrated global asset and wealth management company with approximately $532.7 billion in assets as at November 30, 2024.

The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or any applicable exemption from the registration requirements. This news release does not constitute an offer to sell or the solicitation of an offer to buy securities nor will there be any sale of such securities in any state in which such offer, solicitation or sale would be unlawful.

Commissions, management fees and expenses all may be associated with an investment in exchange-traded funds (ETFs). You will usually pay brokerage fees to your dealer if you purchase or sell units of an ETF on recognized Canadian exchanges. If the units are purchased or sold on these Canadian exchanges, investors may pay more than the current net asset value when buying units of the ETF and may receive less than the current net asset value when selling them. Please read the prospectus before investing. Important information about an exchange-traded fund is contained in its prospectus. ETFs are not guaranteed; their values change frequently and past performance may not be repeated.

This communication is intended for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to purchase mutual funds managed by CI Global Asset Management and is not, and should not be construed as, investment, tax, legal or accounting advice, and should not be relied upon in that regard. Every effort has been made to ensure that the material contained in this document is accurate at the time of publication. Individuals should seek the advice of professionals, as appropriate, regarding any particular investment. Investors should consult their professional advisors prior to implementing any changes to their investment strategies. These investments may not be suitable to the circumstances of an investor.

Certain statements contained in this communication are based in whole or in part on information provided by third parties and CI Global Asset Management has taken reasonable steps to ensure their accuracy. Market conditions may change which may impact the information contained in this document.

Certain statements in this document are forward-looking. Forward-looking statements (“FLS”) are statements that are predictive in nature, depend upon or refer to future events or conditions, or that include words such as “may,” “will,” “should,” “could,” “expect,” “anticipate,” “intend,” “plan,” “believe,” or “estimate,” or other similar expressions. Statements that look forward in time or include anything other than historical information are subject to risks and uncertainties, and actual results, actions or events could differ materially from those set forth in the FLS. FLS are not guarantees of future performance and are by their nature based on numerous assumptions. Although the FLS contained herein are based upon what CI Global Asset Management and the portfolio manager believe to be reasonable assumptions, neither CI Global Asset Management nor the portfolio manager can assure that actual results will be consistent with these FLS. The reader is cautioned to consider the FLS carefully and not to place undue reliance on FLS. Unless required by applicable law, it is not undertaken, and specifically disclaimed that there is any intention or obligation to update or revise FLS, whether as a result of new information, future events or otherwise.

CI Global Asset Management is a registered business name of CI Investments Inc.

©CI Investments Inc. 2025. All rights reserved.

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