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First Solana Staking ETF to Begin Trading on July 2
Summary: According to reports, the first Solana staking ETF (REX-Osprey Solana + Staking ETF, trading symbol $SSK) will begin trading on July 2. This ETF not only offers investment opportunities in Solana (SOL) spot markets, but also generates native staking rewards through a unique regulatory structure, unlike traditional ETFs. Operating as a C-corporation, it navigates regulatory ...
According to reports, the first Solana staking ETF (REX-Osprey Solana + Staking ETF, trading symbol $SSK) will begin trading on July 2. This ETF not only offers investment opportunities in Solana (SOL) spot markets, but also generates native staking rewards through a unique regulatory structure, unlike traditional ETFs. Operating as a C-corporation, it navigates regulatory challenges related to staking, providing investors with a compliant way to earn staking rewards. Issued with SEC coordination, it may set a precedent for similar products on other PoS blockchains.
The price of Solana has risen over 5% in anticipation of the ETF listing, but faces resistance from SOL unlocking and token selling pressure. The launch of this ETF represents regulatory and structural innovation, and its success may lead to more applications related to PoS networks, driving digital assets into mainstream investment portfolios and blurring the boundaries between on-chain and off-chain finance.