Rex Shares and Osprey Funds are launching the first-ever US Solana ETF that directly owns SOL and passes staking rewards on to investors.
The ETF is structured as a C-corporation under SEC rules, providing direct exposure to Solana’s staking yield while complying with regulations.
Several Solana-focused ETFs are in the regulatory pipeline, with expectations of approval within the next few months, potentially impacting the altcoin market.
The launch of the Solana ETF may shed light on Ethereum's ETF performance and highlight the significance of staking rewards in attracting institutional investors.