SOL
Yesterday was the first day of the REX-OSPREY SOL Staking ETF listing. The performance of SOL was calm, experiencing neither a significant rise nor a significant fall.
On one hand, this is because the market had already priced in this news in advance, and unlike the listing of the Bitcoin ETF and Ethereum ETF, there was no ongoing large-scale selling pressure from Grayscale;
On the other hand, the issuing parties of this ETF, REX Shares and Osprey Funds, have relatively small market influence, so their impact on SOL is limited.
However, the first SOL ETF has now been listed; how far away can other SOL ETFs be?
The hype around the SOL ETF has already started, and with the progression of other SOL ETFs, it is expected that SOL will experience upward volatility.
