The REX-Osprey Solana Staking ETF (SSK) made waves on its first day, pulling in $12 million in inflows with $33 million in trading volume. Trading on the Cboe BZX Exchange, this groundbreaking product offers investors:

✅ Direct Solana (SOL) exposure
✅ Staking rewards – a first for U.S. ETFs
Bloomberg’s James Seyffart called it a “healthy start,” noting $8 million in volume within 20 minutes of launch. While not matching January’s $4.6B Bitcoin ETF frenzy, it outperformed Solana/XRP futures ETFs.
How It Sidestepped SEC Hurdles
After facing SEC pushback earlier this year, the fund cleverly structured itself under the Investment Company Act of 1940—avoiding the usual regulatory process.
Key Players:
- Anchorage Digital: Custodian & staking partner
- Nate Geraci: Called it a “regulatory end-around”
Solana Price Outlook: Bullish Signals

SOL currently trades at $154.55 (+4.4% today), showing promising technicals:
🔺 Symmetrical triangle formation nearing breakout
🔺 MACD curving upward – potential bullish crossover
🔺 Fib extension targets: $194 → $305
Institutional Interest Growing
- 95% chance of spot SOL/XRP/LTC ETFs by 2025 (Bloomberg)
- CME Solana futures hit $167M open interest