First Solana staking ETF hits $12M in ‘healthy’ first trading day

REX-Osprey’s groundbreaking Solana staking ETF overcame SEC hurdles and posted $33 million in first-day volume.

The United States’ first Solana staking exchange-traded fund (ETF) ended its debut trading day with $12 million in inflows — a positive sign for crypto staking-enabled ETFs.

The REX-Osprey Solana Staking ETF debuted on the Cboe BZX Exchange on Wednesday, recording $33 million in trading volume and $12 million in inflows, according to Bloomberg ETF analyst Eric Balchunas.

The fund, trading under SSK, gives investors direct exposure to spot Solana (SOL) along with staking yields, making it the first crypto staking ETF to be approved in America. 

Read more