REX Shares and Osprey Funds have announced the launch of the REX-Osprey Solana Staking ETF, set to begin trading on July 2, 2025. This ETF represents the first U.S. initiative that combines spot exposure with staking rewards.
Launch of REX-Osprey Solana Staking ETF
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.
Market Reaction and Solana Price Surge
The confirmation of this ETF's launch generated strong reactions from the market, as evidenced by a 4-7% increase in Solana's price. According to CoinMarketCap, Solana (SOL) currently trades at $155.28, with a market cap of approximately $82.99 billion. The asset has seen a 24-hour price change of 1.68% with a significant trading volume surge of 149.54%, indicating heightened interest prior to the ETF launch.
Future of ETFs and Opportunities for the Market
The structure of the REX-Osprey Solana ETF could lead to further innovations in regulated digital asset offerings. Experts anticipate regulatory discussions about including staking in broader ETF applications, which could change the technological landscape for future crypto financial products.
The launch of the REX-Osprey Solana Staking ETF as the first U.S. ETF with staking capabilities opens new horizons for investors and may serve as a model for similar products in the future.
