#REX-OSPREYSolanaETF It is the first ETF in the United States that offers direct exposure to Solana (SOL) + staking yield. It officially began trading today, July 2, 2025.

📌 Key Data

Concept Details

Ticker SSK

Launch July 2, 2025

Assets Solana (SOL) + minimum 50% in staking

Legal Structure Regulated fund under the Investment Company Act (1940) as C-corp

Staking Conducted through a subsidiary in the Cayman Islands

Yield Staking rewards are distributed directly to investors

📉 Market Reaction

Solana fell approximately ~7.8% before the launch (likely profit-taking).

But then it recovered with a rise of 4-6% due to ETF enthusiasm.

Higher volume and volatility are expected in the short term, but strong institutional interest in the long term.