First door to the mainstream for Solana? The REX-Osprey ETF debuts with staking
Today, the REX-Osprey Solana + Staking ETF (SSK) debuted in the U.S. on the Cboe BZX exchange, marking a historic milestone as the first regulated fund offering direct exposure to $SOL, along with staking rewards (~7.3% annually). Although the 1.4% fee is higher than that of Bitcoin or Ethereum ETFs, its launch represents a significant step towards institutional diversification in the crypto world.
→ Key signals to follow
The tool allows investors to access the Solana ecosystem without needing wallets, and it already recorded $33M in volume and $12M in inflows on its first day. This positions it in the top 1% of ETF launches and sets a precedent for future altcoin ETFs.
What to watch in the next 48 hours
If the flow in SSK continues, it could attract the attention of major managers like Fidelity or VanEck, who are also looking to launch Solana ETFs.
The technical performance of $SOL could react strongly to this institutional demand.
Watch for future products: this ETF could pave the way for ETFs of other altcoins in the U.S.
→ Quick summary
It’s a historic moment: for the first time, traditional investors can access Solana + staking within a regulated vehicle. This not only boosts $SOL but also lays the groundwork for greater institutional acceptance of altcoins. How do you see it? Do you think Solana is ready to seriously compete with Bitcoin and Ethereum in the next cycle?
Comment below and let me know if you see it as a true paradigm shift.
