### The first staking ETF of Solana in the U.S. debuts modestly 🚀

The first Solana ETF with staking capabilities has been launched in the U.S., generating $12 million in investments and $33.6 million in trading volume on its first day. This product from Rex-Osprey marks a significant innovation as it offers exposure to SOL as well as yield through staking at least 50% of the assets.

Despite the milestone, experts note that the trading volume was 82% lower than expected based on comparisons of SOL/BTC market capitalization, suggesting that institutional investors are still in the early stages of understanding Solana's potential.

Currently trading around $153 (a 4.6% increase in 24 hours), SOL has cooled significantly from its January peak of $293. The ETF is structured differently from previous spot cryptocurrency ETFs, falling under the Investment Company Act with Anchorage Digital.