REX-OSPREYSolanaETF

Yesterday, the United States witnessed another precedent, as the first spot-based ETF was approved in the United States and opened for trading.
The first spot-based ETF from REX-Osprey, launched by the company, attracted significant interest on its first day.

🧭 What is the REX‑Osprey Solana + Staking ETF (SSK)?
#REX-OSPREYSolanaETF

Ticker: SSK
Launch Date: July 2, 2025, on Cboe BZX
Unique structure: U.S.’s first ETF with direct Solana exposure plus native staking rewards delivered via monthly cash dividends
Staking setup: Majority of SOL is staked on-chain (through Anchorage Digital), with at least 40% held in foreign staking ETPs and additional exposure via liquid staking tokens like JitoSOL
Estimated staking yield: Approximately 7.3% per year
Fees: Total annual expense ratio is 1.40% (0.75% management + ~0.65% tax expense)
📊 First-Day Results & Market Reception
Trading volume: ~$33 million on day one
Net inflows: Approximately $12 million initial commitments
Momentum: $8 million in trading volume within the first 20 minutes, per Bloomberg's analysts
Assets under management (AUM): Around $1 million by the end of day one, with potential growth expected
Analysts noted this performance “blows away” similar Solana futures ETFs, though remains behind Bitcoin/Ethereum spot ETFs in volume .
🏦 Why It’s a Big Deal
1. First-of-its-kind: Enables U.S. investors to gain Spot SOL exposure + staking rewards without directly holding crypto
2. Regulatory innovation: Registered under Investment Company Act of 1940—using custodian structure to bypass traditional 19b-4 filing
3. Powered by Anchorage Digital: A federally regulated custodian enabling secure staking and custody
4. Pioneer for altcoins: Part of a broader shift signaling possible approval of more staking-enabled crypto ETFs for altcoins
⚠️ Risks & Considerations
Expense ratio is relatively high at 1.40%, which may reduce net yield scoop
Demand uncertain: Smaller crypto ETFs historically face challenges sustaining interest
Institutional appetite: Early institutional engagement is cautious—SOL ETF day-one volume ~82% lower than BTC relative market cap
✅ Summary
SSK marks a significant milestone: a first U.S. ETF delivering direct Solana exposure with staking income, opening a pathway for simplified crypto yield access. Early uptake is promising, but high fees and cautious demand remain as potential hurdles.

📌 What Is It?

A new U.S.-listed Solana-based exchange-traded fund that offers both:

Price exposure to SOL.

On‑chain staking rewards, passed through to shareholders .

It operates under the Investment Company Act of 1940, using a C‑corporation structure and Cayman-based subsidiary to enable staking within an ETF framework .

Launch occurred shortly after July 2, 2025, marking “the first-ever U.S. staked crypto ETF” .

🔍 Key Highlights

Ticker: SSK

Assets Under Management (AUM): Still building; watch volume trends .

Expense Ratio: ~1.4% annually .

Structure Advantage: 40‑Act C‑corp design sidesteps SEC delays, enabling staking reward distribution .

Staking Yield: SOL rewards (6–11% APY) flow to investors, unlike traditional spot ETFs .

🛠️ How It Works

Holds SOL tokens directly.

Stakes the SOL through its Cayman Islands subsidiary.

Harvests staking rewards, which are then passed to investors (typically reinvested into the fund) .

Trades on Nasdaq—launched mid‑week, July 2, 2025 .

📈 Market & Regulatory Impact

SOL price reaction: Jumped ~4–6% on launch news, briefly breaking above $160 .

Competitive pressure: Creates new precedent, likely encouraging other staking‑enabled ETFs (e.g., ETH) .

Institutional gateway: Offers conservative investors regulated, yield-generating crypto exposure.

💡 Should You Consider It?

Pros:

Dual benefit: SOL price upside + staking yield.

Regulated structure with transparency.

First-to-market advantage.

Cons:

Higher expense ratio compared to spot-only funds.

Fund is new; limited history and liquidity.

SOL price and staking yield both subject to volatility and network performance.

🚀 Bottom Line

The REX‑Osprey SOL + Staking ETF (SSK) is a groundbreaking product—the first U.S. ETF to combine a PoS token like SOL with staking income, wrapped in a regulated ETF structure. If you're bullish on Solana and want efficient access to staking returns through a brokerage account, SSK offers that in one package. But weigh the higher fees and early-stage status before diving in.
#REX-OSPREYSolanaETF

Key Highlights:
🔹 The REX-Osprey Solana + Staking ETF, the first spot ETF focused on Solana, launched with a robust $33 million in trading volume on its first day.
🔹 While investor interest was strong, the debut fell short compared to the launch volumes of Bitcoin and Ethereum spot ETFs.
🔹 The fund concluded its opening day with $1 million in assets under management (AUM) and is expected to grow further in the coming sessions.
---
A Strong Yet Measured Debut
According to Bloomberg, the ETF recorded over $8 million in volume within the first 20 minutes of trading. By the market close, it had reached $33 million, outperforming launch-day volumes of Solana and XRP futures ETFs, but trailing behind the record-setting debuts of Bitcoin spot ETFs.
ETF analyst Eric Balchunas commented that the fund may exceed $10 million in AUM by its second day, contingent on sustained investor interest.
---
Fund Structure & Regulatory Oversight
The REX-Osprey Solana + Staking ETF is structured under the U.S. Investment Company Act of 1940, ensuring a high level of investor protection and transparency. Digital assets for the fund are held by Anchorage Digital, the first federally chartered crypto bank in the U.S.
Anchorage CEO Nathan McCauley described the ETF as a “breakthrough” for institutional crypto access. He also emphasized the integration of staking as a significant innovation, offering investors the ability to earn rewards without holding tokens directly.
---
Regulatory Landscape and Future Prospects
While the REX-Osprey ETF received approval under stringent conditions, other spot crypto ETF proposals—such as those from Grayscale—remain under SEC review.
Grayscale recently obtained approval to convert its Digital Large-Cap Fund (GDLC) into an ETF, encompassing Bitcoin, Ethereum, Solana, XRP, and Cardano (ADA). However, the SEC has since paused that decision for further examination.
Notably, Grayscale previously won a legal battle against the SEC over the rejection of its Bitcoin Trust ETF conversion. A federal court ruled the SEC’s denial was "arbitrary and capricious," mandating a reassessment.
---
A Milestone for Crypto ETFs
The launch of a staking-enabled Solana ETF represents a pivotal advancement in crypto-based investment products. It combines the passive income potential of staking with the liquidity and accessibility of a traditional ETF—an attractive proposition for both institutional and retail investors.
This debut not only signals growing interest in Solana but also underscores the evolving maturity of the broader digital asset market.
---
🔔 Stay informed with the latest in crypto markets. Follow us for real-time updates, expert insights, and in-depth coverage.

0-1I’m bullish on Solana—its token (SOL) surged ~4%, now trading above $150, after the U.S.’s first Solana staking ETF (SSK) launched with a strong $33 million debut—well above typical new crypto ETFs, according to Bloomberg’s Eric Balchunas  . 331-0This ETF gives me passive staking rewards through my brokerage, no technical setup needed, all enabled by the SEC finally approving staking under securities law  .#BTC110KToday? #TrumpVsMusk #TrumpVsMusk #REX-OSPREYSolanaETF #DYMBinanceHODL $BTC $ETH $XRP