<ul data-eligibleForWebStory="false"><li>The first-ever U.S. Spot Solana ETF with staking features, REX-Osprey SOL + Staking ETF, has launched, attracting significant attention and $8 million in volume within the first 20 minutes.</li><li>Investors can directly invest in Solana (SOL) and earn staking rewards through this ETF, with approximately 80% going into spot SOL and the managers actively staking over half for on-chain yield, currently at 7% to 7.3% annually.</li><li>The ETF is structured as a C-corporation under the Investment Company Act of 1940 to address regulatory concerns and enable distribution of staking rewards, but with potentially less favorable tax treatment and a management fee of 0.75%.</li><li>The launch of the REX-Osprey SOL + Staking ETF came after regulatory hurdles were cleared, including restructuring into a C-corp. Further approvals for traditional Spot Solana ETF products are anticipated following the recent launch and SEC reviews of applications from various firms.</li></ul>

First U.S. Spot Solana ETF Featuring Staking Goes Live with $8M Volume in 20 Mins

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