REX Financial and Osprey Funds are poised to debut the first-ever Solana staking ETF—ticker SSK—in the United States as early as Wednesday, according to insiders. The ETF will offer investors both price exposure to $SOL and staking rewards through on-chain delegation. Analysts like Eric Balchunas from Bloomberg note the SEC has reviewed and raised no further objections, indicating a green light for launch.
This milestone breaks new ground for crypto investing, blending the simplicity of a regulated ETF with the earnings potential from staking—a feature traditional ETFs lack. The unique structure—using a C‑corp and under the Investment Company Act (“’40 Act”)—allowed the fund to bypass the lengthy 19b‑4 filing process. With ETH and SOL staking ETFs reportedly awaiting final approval, REX‑Osprey’s move could launch a new era of yield-generating altcoin ETFs in the U.S.
If it begins trading this Wednesday, the REX‑Osprey Solana staking ETF will mark a breakthrough—bringing yield-bearing crypto to mainstream portfolios for the first time. $SOL