#REX-OSPREYSolanaETF
The REX-Osprey Solana ETF is a groundbreaking financial product that's set to revolutionize crypto investments. Here's what you need to know ¹ ²:
- *Launch Date*: The ETF is scheduled to start trading on July 2, 2025, making it the first US staking ETF for Solana.
- *Key Features*:
- *Spot Exposure*: Provides direct exposure to Solana's price movements.
- *Staking Rewards*: Generates yield through on-chain staking, allowing investors to earn passive income.
- *Regulated Environment*: Offers a secure and compliant way to invest in Solana, bridging the gap between traditional finance and DeFi.
- *Structure*: The ETF employs a 1940 Act/C-corp structure, distinguishing it from other crypto investment products.
- *Fees*: The annual operational fee is set at 1.4%, covering management and staking services.
- *Market Impact*: The announcement has already led to a surge in Solana's price, with some reports indicating a 6% increase to around $158.
This innovative ETF marks a significant step in the evolution of crypto investments, providing a new way for investors to engage with Solana in a regulated environment ³ ⁴.