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Data: Pledged SOL ETF SSK Attracts $12 Million Inflows on First Day of Listing
Summary: According to reports, the first pledged Solana exchange-traded fund, Rex-Osprey Solana+Staking ETF (SSK), listed in the United States, attracted approximately $12 million in inflows on its first day of trading on the Cboe BZX exchange. Representatives from REX Shares and Osprey Funds revealed that the ETF will provide returns to investors by pledging at least ...
According to reports, the first pledged Solana exchange-traded fund, Rex-Osprey Solana+Staking ETF (SSK), listed in the United States, attracted approximately $12 million in inflows on its first day of trading on the Cboe BZX exchange. Representatives from REX Shares and Osprey Funds revealed that the ETF will provide returns to investors by pledging at least half of the fund's assets. Previous reports indicated that REX-OSPREY Solana Pledged ETF had a trading volume of $33 million on its first day, outperforming Solana Futures ETF, XRP Futures ETF, and average ETFs. However, Bitwise's Senior Investment Strategist Juan Leon noted that institutional investors' investment potential in SOL is still in the early stages. (Cryptorank)
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Link: Data: Pledged SOL ETF SSK Attracts $12 Million Inflows on First Day of Listing [Copy]
