REX Shares has introduced the first U.S. staked Solana exchange-traded fund (ETF), enabling investors to access Solana tokens and staking rewards within a regulated ETF framework. The landmark product aims to bridge traditional finance with decentralized finance (DeFi) by simplifying exposure to digital assets.
The REX-Osprey Solana and Staking ETF allows direct holding of Solana (SOL) tokens while generating yield through staking rewards. Its C-Corp business structure is designed to align with SEC regulations, leveraging recent regulatory clarifications regarding cryptocurrency staking in mainstream investment vehicles.
Solana’s price surged roughly 6% to approximately $158 following the ETF announcement, although it remains 46% below its all-time high. The ecosystem continues demonstrating robust growth, with decentralized exchanges like Raydium and Orca driving significant trading volume across the network.
The SEC’s evolving stance on crypto ETFs and staking remains pivotal, with this ETF potentially serving as a blueprint for future staked cryptocurrency investment products. The launch underscores institutional efforts to create compliant pathways for blockchain-based yield generation.