$SOL The first ETF based on Solana with staking functionality — REX-Osprey Solana Staking ETF (SSK) was launched in the USA. This was reported by Bloomberg exchange analyst Eric Balchunas.

On the first day of trading on CBOE BZX, the inflow of funds into the product amounted to $12 million with a volume of $33 million.

SSK provides investors with direct access to spot Solana and staking yields.

Bloomberg exchange analyst James Seyffart called the start of trading "healthy," noting a volume of $8 million in the first 20 minutes.

Balchunas added that SSK's figures significantly outperformed the launch of futures ETFs on Solana and XRP, but fell short compared to spot funds based on Bitcoin and Ethereum.$BTC $XRP