Solana Gets Its First Spot ETF in the US — $12M Inflows on Launch Day
The US market welcomed its first spot ETF on Solana: the REX-Osprey Solana Staking ETF (SSK) debuted on Cboe BZX with $12 million in assets raised and a trading volume of $33.7 million.
Unlike traditional ETFs, SSK offers staking rewards. The fund aims to keep most of its portfolio in $SOL staking products, offering around 7.3% APY.
While the inflow is modest compared to BTC and ETH spot ETFs, experts see this as a major step toward institutional adoption of Solana.
