- The ETF achieved $33 million trading volume on its first day.
- Launch underscores increasing institutional interest in Solana.
- Direct staking rewards attract retail investors.
Solana Staking ETF launched by REX Shares and Osprey Funds, trading began on July 2 on the Cboe Exchange.
REX Shares collaborated with Osprey Funds to introduce the first U.S. Staking ETF, reflecting major institutional interest.
The Solana Staking ETF achieved a $33 million volume on launch day, marking a significant milestone. REX Shares and Osprey Funds led this initiative, combining institutional expertise in ETFs and digital assets.
Key Players
Key players involved in launching the ETF are REX Shares and Osprey Funds, with CF Benchmarks providing essential pricing data. The ETF structure allocates 80% of assets to spot Solana, with 50% actively staked for yield.
Solana’s trading volume surged by 49.49%, highlighting the market’s positive reception. The ETF’s design provides staking rewards directly to shareholders, a distinguishing feature that promotes prolonged investment.
The initial market response has been a healthy start, with $33 million in first-day trading volume and $12 million in day-one inflows, positioning SSK among the top 10 ETF launches of 2025 by volume.
The launch may impact broader financial markets, influencing ETF structures and staking trends worldwide. Increased adoption of Solana for institutional investments sets a precedent for other cryptocurrencies to follow.
The ETF’s success could lead to regulatory and market changes as more products integrate cryptocurrency staking. Analyses show demand for diversified financial tools that merge traditional securities with digital asset features.
