Remember the $SOL ETF post we made a week ago?
Well, it’s officially LIVE
But what does it mean for investors and who’s behind this first-ever Solana staking ETF?
Let’s break it down..
( a thread )
First of all
This ETF is by @REXShares / @OspreyFunds
They launched the REX-Osprey Solana + Staking ETF (ticker: $SSK)
Giving U.S. investors regulated exposure to Solana with staking rewards
$SSK offers a projected 7.3% APY on $SOL staking
Double $ETH’s typical 3-4% yield
Why does it matter?
Well it’s the first-ever ETF giving U.S investors exposure to $SOL staking rewards through a regulated brokerage account
AND on day 1
- $SSK traded $33M in volume
- Pulled in $12M in net inflows
This ranks in the top 1% of new ETFs by debut volume
4.54K
12
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