The REX-Osprey SOL + Staking ETF is poised to become the first U.S.-listed exchange-traded fund combining direct spot exposure to Solana (SOL) with on-chain staking rewards. The ETF, trading under the ticker SSK, is scheduled to begin trading on June 30, 2025, marking a significant milestone in regulated crypto investment products. Announced via social media by Gregory D. King, founder and CEO of REX Shares, the fund aims to attract both institutional and sophisticated retail investors by delivering an estimated 7% to 9% annual yield through Solana's proof-of-stake mechanism.
Unlike traditional crypto ETFs, the REX-Osprey structure holds native SOL tokens and participates directly in network staking, allowing investors to earn rewards without managing technical infrastructure. This dual offering could reshape investor access to yield-bearing digital assets at a time when market sentiment remains cautious but increasingly favors regulated vehicles. Solana's established ecosystem, backed by partnerships with major players like Mastercard, provides a robust foundation for the ETF's potential success.
The launch comes amid mixed signals in broader cryptocurrency markets and recent volatility in SOL's price, including a 4.5% decline. Nevertheless, the anticipation surrounding the ETF is expected to invigorate trading activity and could serve as a catalyst for renewed institutional confidence. Key levels will emerge as the market reacts, and the product's reception may influence future ETF filings for other proof-of-stake networks. Investors should carefully consider their risk tolerance before investing.