REX Shares is set to launch the first Solana staking exchange-traded fund (ETF) in the United States. This ETF will provide investors with direct exposure to Solana (SOL) and yield through on-chain staking. (Source: The Block, CoinTelegraph)
The REX-Osprey Solana Staking ETF is designed to track Solana's market performance while generating additional yield. This structure allows investors to gain exposure to staking income without directly holding digital assets. The SEC has reviewed the filing and has no further comments, indicating an imminent launch. (Source: The Block, CoinTelegraph)
As of June 30, 2025, Solana (SOL) is trading at $155.86, with an intraday high of $158.53 and a low of $149.60. The ETF is expected to trade on the Nasdaq under the ticker symbol SSK. (Source: CoinTelegraph)