$XRP
#REX-OSPREYSolanaETF , also known as the REX-Osprey Solana + Staking ETF (SSK), has recently launched, offering investors exposure to Solana (SOL) with staking rewards. This ETF combines spot SOL exposure with staking benefits, providing a 7.3% reward rate. Here's what you need to know ¹ ²:
- *Key Features*:
- *Spot Exposure*: Provides direct exposure to Solana's price movements.
- *Staking Rewards*: Offers a 7.3% staking reward rate, allowing investors to earn passive income.
- *Regulated Structure*: Listed on a US exchange, providing a secure and transparent way to invest in Solana.
- *Benefits*:
- *Convenient*: Allows investors to access Solana's potential growth and staking rewards in a single investment product.
- *Transparent*: Provides clear and consistent reporting, enabling investors to track their investments.
- *Secure*: Partners with Anchorage Digital, a federally chartered digital asset bank, to custody and stake assets.
- *Market Impact*:
- *Increased Adoption*: The ETF's launch could drive increased adoption of Solana and staking-based investment products.
- *Market Growth*: Bloomberg analysts predict a 95% probability of additional Solana ETFs being approved in 2025, potentially leading to further market growth.$XRP