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Solana Staking ETF Launch Draws $12 Million Inflows on Debut Day

  • The debut of the Solana staking ETF attracted $12 million in inflows and $33 million in volume, indicating strong institutional interest.
  • The ETF bypassed SEC regulation with a non-U.S. ETP structure, marking a new regulatory path for such products in the U.S.
  • CME Solana futures saw a surge in open interest up to $167 million post-launch, signaling increased institutional activity in the market.
  • The success of the REX-Osprey Solana Staking ETF marks a significant step in Solana's institutional adoption journey, offering a promising outlook for staking-enabled crypto products.

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