Solana Staking ETF Launches with Strong Interest from Investors
A new investment product called the REX-Osprey Solana + Staking ETF made a strong debut in the U.S., showing that people are becoming more interested in crypto-based investments—especially ones that offer staking rewards.
Strong Start on Day One
On its first day of trading, the fund recorded $33 million in trading volume and ended with about $1 million in assets under management (AUM).
- According to Bloomberg analyst Eric Balchunas, this was better than expected for a new crypto ETF—especially when compared to past Solana or XRP-related products.
- Another Bloomberg expert, James Seyffart, said $8 million was traded within just the first 20 minutes.
- REX Shares and Osprey Funds, which launched the ETF, said that about $12 million was committed by investors on day one.
This shows that there is strong early interest, especially from both big (institutional) and small (retail) investors.
What Makes This ETF Special?
This ETF is different from others because it doesn’t just hold Solana (SOL)—it also stakes the tokens to earn extra yield (rewards), and it follows strict rules to keep investors safe.
Here’s what makes it stand out:
- About 80% of the fund is invested in actual Solana tokens.
- More than half of those tokens are being staked to earn additional on-chain rewards.
- A trusted and federally regulated company, Anchorage Digital, handles the staking and storage of the tokens.
- The ETF follows the Investment Company Act of 1940, a strict U.S. law that helps protect investors. Most crypto ETFs don’t meet this standard.
Anchorage’s CEO, Nathan McCauley, said this fund makes it easier for large institutions to safely enter the crypto world and benefit from staking.
Solana’s Price Rises, But Institutions Still Cautious
After the ETF launched, the price of Solana (SOL) went up by over 4% in just 24 hours, showing that investors were excited about the news.
However, some experts say big institutions (like hedge funds or banks) are still hesitant:
- Juan Leon from Bitwise said trading volume was 82% lower than expected, based on Solana's market size compared to Bitcoin.
- He believes many institutions are still learning about Solana and haven’t fully committed to using it in their investment strategies yet.
A Safer Way to Invest in Crypto
Many crypto ETFs are still waiting for approval in the U.S., but the REX-Osprey Solana + Staking ETF succeeded by following a regulated and secure path.
This ETF is unique because:
- It holds real Solana tokens, not futures or synthetic assets.
- It earns extra returns by staking those tokens.
- It offers a regulated and safe structure, unlike most crypto investment products today.
Even though the U.S. SEC is still cautious about crypto ETFs, this launch shows that it's possible to create crypto investment products that meet high legal and security standards.
