REX-Osprey™, a partnership between REX Shares and Osprey Funds, has launched SSK, the first U.S.-listed Solana (SOL) ETF that combines spot SOL exposure with staking rewards. This innovative fund allows investors to access Solana’s growth potential and earn staking yields—all within a traditional ETF structure.
Key Features of SSK
Spot SOL Exposure
- Avoids contango risks associated with futures-based ETFs.
- Primarily holds directly staked SOL (majority of assets) and exchange-traded products tied to staked SOL (40%).
Staking Rewards
- Current staking yield: 7.3%, passed entirely to investors.
- Rewards are sourced natively from Solana’s blockchain protocol.
Cost-Effective Access
- Eliminates the technical complexities of direct staking.
- Ideal for both retail and institutional investors.
👉 Discover how SSK bridges TradFi and crypto investments
Why This ETF Matters
Greg King, CEO of REX Financial, calls SSK a "pioneering expansion" for crypto ETFs:
"We’re giving investors Solana staking rewards in a familiar ETF format—something never done before in the U.S. market."
Market Performance
- Day One Volume: $20M (top 1% for new launches).
- Seed Assets: $25M, surpassing comparable funds like SOLZ.
Risks to Consider
- Not a direct investment in Solana.
- Cryptocurrency investments carry volatility and potential loss of principal.
FAQs
1. How does SSK generate staking rewards?
The fund stakes SOL directly on the Solana blockchain and holds staked SOL via secondary products. Rewards are distributed to investors.
2. What’s the advantage over futures-based SOL ETFs?
SSK avoids contango drag and offers pure spot exposure with staking yields.
3. Who should invest in SSK?
Investors seeking Solana exposure with added yield, but comfortable with crypto’s inherent risks.
👉 Learn more about staking rewards and ETF benefits
Final Thoughts
SSK marks a significant step in crypto ETF innovation, merging blockchain-native returns with traditional securities. Its strong launch performance reflects growing investor interest in structured crypto products.
Source: REX-Osprey
### Keywords
- Solana ETF
- Staking rewards
- SSK
- Spot SOL exposure
- Crypto ETFs
- REX-Osprey
- TradFi and crypto