Solana invades Wall Street: The first storage ETF launches strongly and records $33 million on its first day.
Solana has officially entered traditional financial markets in the United States, with the launch of the first exchange-traded fund (ETF) that combines direct exposure to the price of the currency and staking rewards, in a move that represents a significant shift in digital investment tools.
The new fund, named REX-Osprey Solana + Staking ETF and trading under the symbol SSK, began its activity on the Cboe Exchange on July 2, 2025. According to Bloomberg's ETF analyst, Eric Balchunas, the fund ended its first trading day with a remarkable trading volume of $33 million, along with incoming cash flows of $12 million.
The fund is distinguished as the first of its kind in the U.S. market that offers returns from on-chain staking to retail investors, as profits are distributed in cash monthly, enhancing its appeal to those seeking passive income from cryptocurrencies.