#REX-OSPREYSolanaETF
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First Solana participation ETF hits $12 million on first day of 'healthy' trading
July 3, 2025, 11:40 GMT-34 minutes reading
SOLUSD−0.29%BTCUSD−0.23%ETHUSD−0.21%
The first Solana staking index fund (ETF) in the United States closed its debut day with $12 million in inflows — a positive sign for cryptocurrency ETFs with staking enabled.
The REX-Osprey Solana Staking ETF debuted on the Cboe BZX Exchange on Wednesday, recording $33 million in trading volume and $12 million in inflows, according to Bloomberg ETF analyst Eric Balchunas.
The fund, which trades under the ticker SSK, offers investors direct exposure to Solana SOLUSD spot along with staking yields, becoming the first approved crypto staking ETF in the United States.
It was a “healthy start to trading,” said Bloomberg ETF analyst James Seyffart, who noted that the fund had already traded $8 million in volume in the first 20 minutes.