#REX-OSPREYSolanaETF

REX-Osprey has launched the first ETF (Exchange Traded Fund) in the U.S. that offers exposure to Solana (SOL) along with staking rewards. This fund, called SSK, allows investors to benefit from direct exposure to Solana and the rewards generated by staking, which currently offer a reward rate of 7.3%.

*Key features of the SSK:*

- *Direct exposure to Solana*: The fund offers exposure primarily to SOL spot, avoiding the negative effects of contango that can affect futures-based ETFs.

- *Staking rewards*: The fund participates directly in Solana's native staking, ensuring that rewards are obtained from the blockchain protocol itself.

- *Unique regulatory structure*: The ETF uses a C-corporation structure under the Investment Company Act of 1940, allowing it to avoid regulatory delays related to SEC approval.

- *Availability for retail and institutional investors*: The fund is designed to serve both retail and institutional investors, offering 24/5 liquidity and commission-free access through certain platforms ¹ ² ³.

*Benefits and risks:*

- *Benefits*: Investors can participate in the Solana network's economy while maintaining the convenience and transparency of an ETF.

- *Risks*: The fund is exposed to risks such as extreme volatility of cryptocurrency assets, regulatory uncertainty, market manipulation, and security failures.

This launch marks an important milestone for cryptocurrency ETFs and the industry as a whole, as it offers a novel way for investors to access cryptocurrencies and their associated rewards ¹.