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A new chapter for Solana (SOL) is unfolding as excitement grows around a possible new investment product in the US market. Rex-Osprey’s CEO, Gregory King, has allegedly confirmed that his firm’s Solana staking ETF will launch on July 2, becoming the first of such a fund to roll out. REX-Osprey to Launch First Staking-Enabled Solana ETF in the US In an X post, journalist db stated that the Rex-Osprey CEO has confirmed that the Solana ETF with staking will begin trading on Wednesday, July 2. It remains unknown if the SEC will approve the other pending Solana ETF applications or if Rex-Osprey’s fund will stand alone for a while. The firm had taken a different route by using the 40 Act structure, while other issuers had filed under the 30 Act structure. Based on the REX Shares X post, this update will catch the attention of many investors who have been waiting for more regulated ways to gain exposure to Solana. Solana, known for its fast and low-cost transactions, has become one of the most popular blockchains. Its native token, SOL, has seen strong interest from both retail and institutional investors. The idea of an ETF for Solana is not new, but the addition of staking support marks a big milestone. Staking allows token holders to lock up their assets to help secure the network and, in return, earn rewards. Including staking in an ETF could make it more attractive because it offers a way to generate extra yield. Earlier, REX Shares announced the upcoming launch of the first staking-enabled crypto ETF in the United States. This new fund is called the REX-Osprey SOL + Staking ETF. It is designed to offer investors exposure to SOL while also allowing them to benefit from staking rewards, something traditional ETFs do not…

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Filed under: News - @ July 1, 2025 1:24 am