Historic Launch: The First Solana ETF with Staking (SSK) Arrives in the U.S. 🚀

A significant milestone is marked in the integration of cryptocurrencies with traditional financial markets. On July 2, 2025, the debut of the REX-Osprey Solana + Staking ETF (ticker: SSK) is scheduled in the United States, becoming the country's first exchange-traded fund (ETF) that combines direct exposure to the price of Solana ($SOL) with the ability to generate income through staking.

This ETF, created by REX Shares and Osprey Funds, represents a significant advancement for traditional investors. It will allow them to access Solana and earn an approximate annual return of 7% generated by staking rewards on-chain, all without the need to manage cryptocurrency wallets or worry about the technical complexities of staking. Its structure under a C-Corp aims to simplify tax treatment for investors.

The approval for this innovative product was not easy. The REX-Osprey Solana + Staking ETF faced initial regulatory hurdles with the SEC (U.S. Securities and Exchange Commission), which raised objections after the registration application. The SEC's main concern was whether the ETF qualified as an investment company under U.S. securities laws. However, the issuers reached an agreement by agreeing to invest at least 40% of the assets in other ETPs, mostly domiciled outside the United States, which ultimately led to an implicit "green light" or tacit approval.

The announcement of this launch generated an initial market reaction, with Solana's native token, $SOL, recording an increase of between 5% and 7% shortly after the news was confirmed. This led some traders to speculate about the possibility of the ETF driving greater institutional demand, pushing the price of SOL above $200.