#REX-OSPREYSolanaETF The REX-Osprey Solana ETF (SSK) has launched, offering US investors exposure to Solana (SOL) with staking rewards. This groundbreaking ETF combines token exposure and staking rewards in a regulated structure, providing a unique opportunity for investors.
*Key Features:*
- *Spot Exposure*: The ETF provides direct exposure to Solana's market price.
- *Staking Rewards*: Investors can earn annual yields of 7.3% through on-chain staking rewards.
- *Regulated Structure*: The ETF is structured under the Investment Company Act of 1940 as a C-corporation, enhancing investor protection and governance standards.
- *Custodian*: Anchorage Digital handles both custody and staking duties for the ETF.
*Market Impact:*
- *Strong Demand*: The ETF saw $8 million traded in the first 20 minutes, signaling strong market demand.
- *Growing Interest*: Multiple firms, including VanEck and 21Shares, have filed for Solana ETFs, indicating growing market interest ¹ ².