#REX-OSPREYSolanaETF Launch timing: Expected to start trading this week, likely Wednesday, July 2, 2025, pending final SEC clearance .
272-0Unique structure: Operates under the 1940 Act as a C‑Corp with a Cayman subsidiary—enabling direct SOL exposure plus on‑chain staking yield, unlike prior spot–only funds .
482-0Staking yield: Will stake at least 50% of holdings and pass on rewards (minus validator/custodian fees) directly to fund holders .
652-0Expense ratio: Around 1.40% (0.75% management + ~0.65% deferred tax estimate) .
775-0Market reaction: SOL jumped ~5–6% on ETF launch rumors, trading near $158–160 .
📌 Summary for investors
Ticker: SSK
Objective: Provide spot‑SOL exposure + staking rewards automatically
Why it matters: First US‑listed crypto ETF to combine staking yield with token exposure
Considerations: Higher expense ratio vs. spot-only funds; staking yields will vary and depend on performance minus fees
If you're tracking SOL investment vehicles, this marks a significant milestone in bringing staking income to traditional ETF investors. Let me know if you’d like to dive deeper into comparative performance, tax implications, or how to gain exposure when it trades!
