The US Solana Staking ETF (SSK) has been introduced, offering exposure to Solana (SOL) and staking rewards through an ETF structure.
The ETF combines regulated asset exposure with staking income, allowing investors to earn rewards by staking their cryptocurrency to help run and secure the network.
SSK opened with significant inflows and trading volume, marking a shift towards yield-focused crypto products as a means of mainstream crypto adoption.
Anchorage Digital provides staking and custody services for the SSK ETF, which operates under the Investment Company Act of 1940, offering a template for future yield ETFs targeting other PoS chains.