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Spot Solana Staking ETF Scores Big on Day 1, Overshadows XRP Futures ETF

  • Solana's staking-enabled ETF launch (SSK) on Cboe signals growing institutional demand and regulatory momentum, overshadowing XRP futures ETF.
  • SSK ETF by REX-Osprey made history as the first U.S. staking-enabled crypto ETF, surpassing day-one figures of Solana and XRP futures ETFs in volume and inflows.
  • The performance of SSK ETF positions it as a standout compared to XRP Futures ETF, indicating a shift in investor interest towards Solana-based financial products.
  • The success of SSK ETF hints at the future of Solana-focused investment products and analysts are optimistic about Solana's dominance over XRP with a high probability of regulatory approval in 2025.

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