On July 3, trading will begin for the first ETF tracking the price of Solana and delivering staking yields to investors. The fund was created by REX Shares in collaboration with Osprey Funds.
What is the Solana Staking ETF?
The ETF is officially named REX-Osprey Solana and Staking ETF. It will be the first fund in the US to offer investors access to SOL assets alongside staking yields.
SEC's Position on the ETF
The SEC has not provided any comments on the ETF filing by REX and Osprey, implying that the fund meets necessary regulatory requirements. This was confirmed by Bloomberg ETF analyst Eric Balchunas.
Expectations for Future ETFs
Analysts have raised the likelihood of approvals for Solana, XRP, and LTC ETFs to 95%. A wave of new ETFs is expected in the second half of 2025.
With the launch of the first Solana staking ETF, new opportunities open up for investors in cryptocurrency, especially in light of expectations for future approvals of other funds.
