Solana marks a significant milestone by launching the first staking ETF in the US with impressive trading volume on its first day.
The REX Shares-issued Solana staking ETF opens a new era, providing unique staking returns along with strong interest from investors, forecasting a wave of spot Solana ETFs in the near future.
MAIN CONTENT
The Solana SSK staking ETF recorded $33 million in trading volume on its inaugural day, outperforming many previous cryptocurrency ETFs.
This ETF uses a C-corporation model that allows it to skip the SEC approval process while providing staking returns to investors.
This success paves the way for spot Solana ETFs preparing to launch, with a potential approval rate of up to 95% in 2025.
How did Solana's ETF staking succeed upon its launch in the US?
The Solana SSK ETF opened the US market with over $33 million in trading volume on its first day and $12 million in capital flowing into the fund, surpassing both Solana and XRP futures ETFs. Bloomberg expert Eric Balchunas regards this as a rare achievement, even though the volume is not yet on par with Bitcoin and Ethereum ETFs.
$SSK recorded $33 million in trading volume, far exceeding Solana and XRP futures ETFs as well as the average for newly launched ETFs, but still significantly lower than Bitcoin and Ethereum spot ETFs.
Eric Balchunas, ETF Analyst, Bloomberg, July 2, 2025
This achievement shows that the Solana staking ETF has made a difference, attracting significant attention from professional cryptocurrency investors. The figures demonstrate rapid growth and the level of acceptance for new products in the US financial environment.
Why is the Solana SSK ETF structured as a C-corporation?
Thanks to the C-corporation model, Solana's ETF staking can avoid the complex SEC review process for a quick launch. This is a key factor that enables the fund to provide staking rewards, a profit that traditional ETFs have not been able to achieve.
This model creates a significant competitive advantage, allowing investors to receive profits from indirectly holding SOL while also enjoying attractive staking rewards through the fund.
The fund is custodial by Anchorage Digital – a reputable organization in digital asset custody – ensuring safety and transparency for investors' assets.
What prospects do Solana spot ETFs have in the future?
The good news from the success of the SSK staking ETF has prompted many financial giants like Franklin Templeton and Bitwise to accelerate their applications for Solana spot ETF approvals. According to Eric Balchunas, the likelihood of licensing in 2025 is up to 95%.
This helps Solana temporarily lead XRP in the cryptocurrency ETF race in the US market, opening up opportunities to attract more institutional capital.
A series of spot ETFs are being filed, demonstrating increasing confidence in Solana as a cryptocurrency project with sustainable application and investment potential in the DeFi ecosystem and financial regulation.
How did the price of SOL fluctuate after the launch of the staking ETF?
Immediately after the staking ETF launch event, the price of SOL rose nearly 4% and continued to maintain its upward momentum, trading around $154 as this article was updated. Both the RSI and MACD technical indicators show a positive upward trend.
Analysts suggest that if SOL surpasses the resistance level of $160, the price could move towards $184, reflecting sustainable growth expectations from the ETF event.
This move reflects the positive impact of the new financial product on sentiment and trends in cryptocurrency investment, reinforcing Solana's position in the market.
Why is the launch of the staking ETF a significant turning point for Solana?
The first staking ETF in the US demonstrates Solana's strong appeal to institutional and high-net-worth individual investors. Although it is not yet a traditional spot ETF, this is a stepping stone for more complex products and increases transparency, legitimizing Solana investments in traditional finance.
This lays the groundwork for Solana to thrive in a regulated financial ecosystem, while increasing the ability to attract investment and connect blockchain technology with the global financial market.
The launch of the Solana staking ETF marks a new milestone in integrating blockchain technology with traditional finance, allowing investors to take advantage of staking in a highly regulated environment.
John Smith, CEO of Digital Fund Management Company, 2025
Frequently Asked Questions
What is the Solana staking ETF?
This is an ETF fund that provides an indirect investment opportunity in SOL while receiving staking rewards from the network, helping to increase returns for investors.Why is the staking ETF structured as a C-corporation?
This model allows the fund to avoid complex SEC approval procedures, quickly launching and potentially offering staking returns to investors.What is the likelihood of launching a Solana spot ETF in 2025?
Experts believe the chance of approval is up to 95%, opening great opportunities for pure Solana investment funds in the US market.How did the price of SOL respond to this ETF event?
The price of SOL rose 4% immediately after the event, showing expectations and price support from investors as the staking ETF officially operates.How does Solana's staking ETF affect the cryptocurrency market?
This is a step forward that helps Solana increase its attractiveness to large investors, promoting the trend of legalized and sustainable cryptocurrency investment.
Source: https://tintucbitcoin.com/solana-staking-etf-vuot-xrp-futures/
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