On July 2, 2025, trading officially started in the USA for the first spot Solana ETF with staking functionality from REX Shares and Osprey Funds. According to market data, the fund attracted $12 million in capital on its first day, with trading volume reaching $33.7 million, significantly exceeding analysts' expectations. This figure was higher than the first days of trading for similar ETFs on Bitcoin and Ethereum, demonstrating growing interest from institutional investors in Solana.
The product offers investors not only access to the token $SOL , but also passive income from staking, which has become a key factor for success. The price of SOL reacted with a 4% increase, reaching $146, despite a temporary decline due to speculation. Experts note that this could set a precedent for other altcoins, such as $XRP and Cardano, which are also awaiting ETF approval.
Market sentiment analysis indicates a strong appetite for staking products, although some consider the launch modest compared to Solana's potential. The success of the Solana ETF underscores the evolution of the crypto market, where institutional instruments are becoming increasingly popular.
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