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REX-Osprey Launches First U.S Solana Staking ETF With 7.3% Passive Income

  • REX-Osprey has launched the Solana Staking ETF ($SSK), the first in the U.S. to offer exposure to Solana with staking rewards, providing investors 7.3% yields.
  • The ETF operates under the strict 1940 Act framework, offering enhanced investor protection and governance standards, making it compliant and unique in the market.
  • Anchorage Digital serves as the custodian and staking provider for the ETF, ensuring compliance with regulatory standards and secure asset management for institutional investors.
  • Bloomberg analysts see strong market demand for the Solana Staking ETF, with approximately $8 million traded in the first 20 minutes following its launch, indicating significant institutional interest in yield-oriented crypto investments.

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