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.