The REX-Osprey SOL Spot ETF (SSK) is launching, introducing the first US exchange-traded fund to incorporate native staking rewards for its holders.
Approximately 40% of the fund’s assets will be invested in Solana-related exchange-traded products (ETPs) that are classified as securities. This targeted allocation focuses the fund’s exposure on the Solana blockchain ecosystem.
The ETF carries a management fee of 0.75%. Due to its C-class corporate structure, the total estimated post-tax expenses for the fund are anticipated to be 1.28%.
The inclusion of staking represents a novel feature for US exchange-traded funds, differentiating the REX-Osprey product by allowing it to potentially generate yield on its underlying assets.