Are they launching the first Solana ETF? Entering a new crypto era
Today, the REX-Osprey Solana + Staking ETF (SSK) was inaugurated on the Cboe BZX, marking the first fund in the U.S. that directly invests in Solana and earns returns from staking. Although its annual fee of 1.4% exceeds that of Bitcoin ETFs, it represents a key step towards the expansion of the mainstream crypto ecosystem.
→ Why does it matter?
This ETF is aimed at traditional investors who want exposure to Solana without managing wallets or exchanges. The fact that it includes staking rewards makes it a more attractive option for those seeking passive income in crypto.
What to watch in the next 48 hours
Trading volume: if the ETF gains traction, it could reflect growing institutional interest in Solana.
Reaction from other funds: Fidelity and VanEck also sought to launch Solana ETFs; their approval and performance will be valuable signals.
Impact on the price of $SOL: an increase in demand could generate a short-term technical rally.
→ Quick summary
The arrival of the first Solana ETF is not just a milestone for $SOL , but an indication of the market's evolution towards diversified crypto assets. It raises questions: Is investment in altcoins now becoming normalized for traditional investors? Could this incentivize the development and adoption of staking on platforms like Binance?
What do you think? Do you see this ETF as a positive step, or do you find it hard to imagine institutions investing in altcoins? Comment below 👇
