The first Solana Staking ETF will begin trading on July 2

ChainCatcher reports that the first Solana staking ETF (REX-Osprey Solana + Staking ETF, trading symbol $SSK) will begin trading on July 2. This ETF not only offers spot investment opportunities in Solana (SOL) but also accesses native staking yields through a unique regulatory structure, setting it apart from traditional ETFs. It operates as a C corporation, circumventing regulatory challenges related to staking and providing investors with a compliant way to earn staking rewards. The issuance is coordinated with the SEC and may set a precedent for similar products on other PoS blockchains.
Solana’s price has risen over 5% in anticipation of the ETF listing, but faces resistance from SOL unlocks and token sell-off pressures. The launch of this ETF represents both regulatory and structural innovation, and its success could spur more applications related to PoS networks, driving digital assets into mainstream investment portfolios and blurring the lines between on-chain and off-chain finance.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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