#REX-OSPREYSolanaETF
REX-Osprey has launched the first US ETF, SSK, offering direct exposure to Solana (SOL) with staking rewards. The REX-Osprey Solana + Staking ETF began trading on July 2, 2025, on the Nasdaq exchange, providing investors with a unique opportunity to gain exposure to Solana's price movements while earning staking rewards.
*Key Features:*
- *Direct Exposure*: The ETF offers spot exposure to Solana, avoiding futures contracts that can suffer from contango.
- *Staking Rewards*: The fund stakes up to 60% of its SOL directly and passes 100% of staking rewards to investors, with a current staking reward rate of 7.3%.
- *Regulatory Compliance*: The ETF is structured to meet US regulations, using a combination of spot tokens and staking proxy products.
- *Custodian and Staking Partner*: Anchorage Digital has been named the qualified custodian and staking partner, responsible for securing the tokens and distributing rewards to shareholders ¹ ².
*Impact:*
- *Increased Institutional Investment*: The launch of this ETF could drive institutional liquidity and Solana ecosystem growth.
- *Potential Policy Shift*: The SEC's approval of this ETF may streamline future altcoin ETF filings and influence broader crypto market dynamics and regulation.
- *Growing Interest in Staking*: The success of this ETF could pave the way for more innovative financial products, including those tied to meme coins ³ ⁴.
*Performance:*
- *Strong Debut*: The ETF generated around $8 million in trading volume within the first 20 minutes and closed its debut session with roughly $33 million in volume and $12 million in net inflows.
- *Market Reception*: Bloomberg analyst Eric Balchunas noted that the opening-day figures place SSK in the top 1% of all new ETF launches this year ⁵.
