#REX-OSPREYSolanaETF The REX-Osprey Solana ETF is set to debut on Wednesday, July 2, 2025, marking a significant milestone in the crypto ETF space. This innovative fund combines spot exposure to Solana (SOL) with staking rewards, offering investors a unique opportunity to generate yield ¹.
*Key Features:*
- *First US-based Solana staking ETF*: Providing investors with exposure to SOL's price movements and passive staking rewards.
- *1940 Act/C-corp structure*: Allowing the ETF to bypass typical SEC delays related to staking mechanisms.
- *Staking rewards*: The fund will stake a minimum of 50% of its holdings to generate yield.
- *Trading*: The ETF is expected to be listed under the ticker SSK.
*Market Impact:*
- *Solana price surge*: The announcement has led to a 4-7% increase in SOL's price, indicating strong market interest.
- *Market capitalization*: Solana's market cap currently stands at approximately $82.99 billion, making it the sixth-largest cryptocurrency.
- *Potential for further ETF launches*: Analysts predict that this launch could pave the way for other altcoin-based ETFs.