REX-Osprey’s Solana Staking ETF Debuts on Cboe With Notable Volume and Direct Rewards Potential
2025-07-04 03:37:02
Main Idea
The REX-Osprey Solana + Staking ETF (SSK) launched with significant trading volume, offering direct Solana exposure and staking rewards, marking a milestone in crypto investment products.
Key Points
1. The REX-Osprey Solana + Staking ETF (SSK) debuted with $33 million in trading volume, providing direct Solana (SOL) exposure and monthly staking rewards.
2. Approximately 80% of SSK’s portfolio is allocated to Solana, with over half of these holdings actively staked through institutional validators like Galaxy and Figment.
3. SSK uses the CME CF Solana-Dollar Reference Rate for spot pricing, enhancing transparency and accuracy compared to futures-based ETFs.
4. The SEC initially raised concerns about the fund’s staking methodology but eventually cleared it, paving the way for similar staking-based ETFs.
5. SSK’s strong debut outperformed early trading activity of Solana and XRP futures ETFs, signaling potential for future staking-enabled crypto investment products.
Description
The REX-Osprey Solana + Staking ETF (SSK) has launched on the Cboe exchange, pioneering direct exposure to Solana and its staking rewards in a U.S. ETF. SSK’s debut saw robust
Latest News
- BBX Launches Crypto Concept Stock Data Platform Highlighting 944,109 BTC Holdings and $2.18 Trillion Market Value2025-07-04 09:55:41
- Hilbert Group Unveils New Crypto Fund Strategy Featuring Bitcoin as Primary Reserve Asset2025-07-04 09:42:38
- Minna Bank Explores Stablecoins and Web3 Wallets for Real-World Payments in Japan2025-07-04 09:26:36
- James Fickel Moves $204M in ETH to Coinbase Amid $68M Loss on ETH/BTC Long Position2025-07-04 09:26:06
- FTX Bankruptcy May Limit Bitcoin Recovery for Users in 49 Jurisdictions, Including China2025-07-04 09:11:47