- REX-Osprey Solana ETF launches, offering investors regulated staking and spot exposure.
- Solana price surged following the ETF announcement.
- New precedent for crypto ETFs with staking capabilities.
REX Shares and Osprey Funds have announced the launch of the REX-Osprey Solana Staking ETF, which will start trading on July 2, 2025.
The innovative ETF marks the first U.S. initiative to combine spot Solana exposure with staking rewards, sparking notable interest and potential market shifts.
Main Content
REX Shares and Osprey Funds confirmed that the REX-Osprey Solana ETF will commence trading, marking a significant step in the crypto ETF space by combining spot exposure with staking rewards. The ETF employs a 1940 Act/C-corp structure, bypassing typical SEC delays related to staking mechanisms.
The ETF structure enables investors to receive staking rewards, reflecting Solana’s asset performance while complying with existing regulations. This combination of spot and staking exposure introduces a novel investment option for traders and institutions alike.
The confirmation of this ETF’s launch generated strong reactions from the market, as evidenced by a 4-7% increase in Solana’s price.
REX Shares (Official Statement), “The first-ever staked crypto ETF in the US is coming soon… A new era of yield-generating crypto exposure is here.”
Solana Price Surge and ETF Market Implications
Did you know? The launch of the REX-Osprey Solana ETF is reminiscent of BlackRock’s initial spot ETFs, though this ETF uniquely integrates staking rewards, potentially setting a new benchmark for future products.
According to CoinMarketCap, Solana (SOL) currently trades at $155.28 with a market cap of formatNumber(82_994_053_444.97, 2). The asset has seen a 24-hour price change of 1.68% with a significant trading volume surge of 149.54%, indicating heightened interest pre-ETF launch.
The Coincu research team suggests that this pioneering ETF structure may lead to further innovations in regulated digital asset offerings. Experts anticipate regulatory discussions about including staking in broader ETF applications, which could alter the technological landscape for future crypto financial products.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
Source: https://coincu.com/346100-rex-osprey-solana-etf-launch/