### The First Exchange-Traded Fund for Storage on Solana in the United States Has a Modest Start 🚀

The first exchange-traded fund for Solana with storage capabilities has been launched in the United States, raising $12 million in investments and $33.6 million in trading volume on its first day. This product from Rex-Osprey represents an important innovation as it provides exposure to SOL and returns by storing at least 50% of the assets.#Walltetconnect

$WCT

Despite this achievement, experts point out that the trading volume was 82% lower than expected based on comparisons of the market cap of SOL/BTC, indicating that institutional investors are still in the early stages of understanding Solana's potential.

SOL is currently trading around $153 (up 4.6% in 24 hours) and has significantly decreased from its peak of $293 in January. The exchange-traded fund is structured differently from previous cryptocurrency exchange-traded funds, as it falls under the Investment Company Act with Anchorage Digital acting as the custodian.$SOL