**The First Exchange Traded Fund (ETF) for $SOL

Coming to the United States! 🇺🇸🚀** #REX-OSPREYSolanaETF

📅 **Date:** Wednesday, July 2, 2024

🏦 **Exchange:** Cboe BZX

📊 **Fund:** REX-Osprey SOL + Staking ETF

**Why is this announcement important?**

✔ **The First ETF for #SOL** tracking the price of **Solana** and distributing **Staking Rewards** (passive income).

✔ **Easier access** for traditional investors without the need for digital wallets or private keys.

✔ **#SEC Approval** with no objections after restructuring the fund.

**Market Reaction:**

📈 The price of **$SOL +4%** rose after the announcement! (With a slight correction later due to market conditions).

**Long-Term Impact:**

🔮 This could be the **beginning of a new wave of cryptocurrency ETFs** in the United States!

🌍 **A major step** towards the convergence of **traditional finance** and **digital markets**.

**💬 We value your opinion!**

Do you think this news is **optimistic** for the crypto market?

Share your thoughts in the comments! 👇