#REX-OSPREYSolanaETF
The REX-Osprey Solana ETF, ticker symbol SSK, is set to launch on July 2, 2025. This exchange-traded fund offers US investors exposure to Solana (SOL) with staking rewards, a first for the US market. Here's what you need to know ¹ ²:
- *Launch Details*: The ETF will begin trading on July 2, 2025, providing investors with a regulated financial instrument to gain exposure to SOL's price movements and staking benefits.
- *Structure*: The fund uses a unique 1940 Act/C-corp structure, allowing it to bypass SEC delays tied to staking regulations. This structure enables the fund to distribute native staking income to shareholders.
- *Staking Rewards*: The fund will stake a portion of its assets in SOL, generating additional returns for investors. The staking rewards are expected to provide a yield of around 7.3%.
- *Investment Objective*: The REX-Osprey Solana ETF aims to provide investors with cost-effective and convenient exposure to SOL, while also offering the benefits of staking rewards.
- *Risks and Fees*: The fund comes with risks, including crypto asset volatility, smart contract vulnerabilities, and counterparty risks. The annual operational fee for the fund is 1.4%.
This innovative ETF could potentially attract more investors to the Solana ecosystem and set a precedent for future staking-based ETFs. With its unique structure and benefits, the REX-Osprey Solana ETF is an important development in the crypto investment space ² ³.$BNB $BTC $ETH
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