🚀 #REX_Osprey Solana + Staking ETF
🟣 What is it?
The first-ever U.S. ETF offering:
📈 Spot Solana (SOL) exposure
🔒 On-chain staking rewards (over 50% of holdings staked via Cayman Islands entity)
➡️ Passive SOL exposure + staking yield, all from your brokerage account — no wallets or validators needed..
📅 Launch Details
🗓 Launch Date: July 2, 2025
💰 Expense Ratio: 0.75%
🔁 Structure: C-Corporation (not a trust) — allows direct pass-through of staking income
🌍 Additional Holdings: ~40% in international SOL ETPs (for compliance)
🏛️ SEC & Compliance ✅
🟢 SEC issued “no further comments” — effectively approved
📜 Uses the '40 Act C-Corp model instead of traditional trust
⚖️ Designed to address legal concerns around staking rewards in ETFs
📈 Market Reaction
🚀 SOL jumped ~5–6% on launch news
💹 Price surged from ~$150 → ~$158–160
🧠 Analysts see this as the kickoff of “Altcoin Summer”
🔍 Why This Matters
🧩 Feature 🎯 Benefit
💎 First staking-enabled ETF Staking rewards + SOL price exposure 📊
🛡 Fully regulated structure Solves SEC staking concerns ✅
🌊 Opens floodgates Ethereum & other altcoin ETFs could follow soon 📈