Investors get SOL exposure and 7.3% yield in one ETF

Anchorage Digital handles both custody and staking duties

$8M traded in first 20 minutes signals strong market demand

REX-Osprey has officially launched the Solana Staking ETF ($SSK) to offer U.S. investors direct exposure to Solana (SOL) with staking rewards. This is the first ETF in the U.S. to combine Solana token exposure with staking yields under a regulated structure. The fund seeks to capture institutional investors who seek both price performance and passive income from staking activities.

Solana Staking ETF Structure

The SSK ETF provides spot exposure to Solana instead of using futures contracts. SSK integrates staking rewards into the investment product, which currently offers annual 7.3% yields. The $SSK is a major step in the U.S. crypto ETF market and staking-based products.

REX-Osprey Launches First U.S Solana Staking ETF With 7.3% Passive Income 3

Source: X

This product falls under the stricter 1940 Act framework, unlike the Bitcoin and Ethereum ETFs filed under the 1933 Act. This enhances investor protection, governance standards, and regulated operations. It also makes this Solana ETF the first of its kind to offer staking in a compliant model.

In May, REX Shares and Osprey submitted filings for both Solana and Ethereum staking ETFs structured as C-corporations. The management fee stands at 0.75%, but income tax treatment may increase effective costs. Investors will now receive staking income and gain spot exposure to SOL price movement.

Also Read | REX-Osprey to Debut First Staked Solana ETF on Wednesday; SOL gains 5%

Anchorage Digital Picked As Custodian of Solana Staking ETF

The new ETF has selected Anchorage Digital as the custodian and staking provider. Anchorage Digital, a federally chartered digital asset bank, ensures compliance with the Investment Company Act of 1940. This act requires a qualified firm to provide custody; hence, Anchorage is the only institution approved for both custody and staking.

The staked Solana tokens will hold the ETF’s assets, which generate the staking yields for shareholders. Anchorage’s regulated platform and validator partners will handle custody as well as other operations. The structure offers transparency, regulatory compliance and secure asset management for institutional investors.

Greg King, REX Shares CEO, hailed the yield-oriented crypto investments for institutions. He stressed Anchorage’s capabilities to provide the infrastructure to allow compliant staking. As the ETF goes live, early demand indicates huge institutional interest.

Also Read| BlackRock Selects Anchorage Digital as Qualified Custodian Amid Growing Demand

Bloomberg Analysts Speak Optimism As $SSK Surges

According to Bloomberg’s James Seyffart,

“First spot solana staking ETF is officially live. Healthy start to trading for a new ETF with ~$8 million in trading in first 20 min.”

A number of firms, such as VanEck, Bitwise, Franklin Templeton, and Galaxy Digital, have submitted applications. The latest approval is expected to accelerate the approval timeline for additional staking ETFs.

According to Bloomberg analyst James Seyffart,

”Eric Balchunas & I are raising our odds for the vast majority of the spot crypto ETF filings to 90% or higher. Engagement from the SEC is a very positive sign in our opinion”

U.S SEC recently approved Grayscale’s mixed crypto fund, which indicates increasing adoption of diverse crypto products. The REX-Osprey Solana Staking ETF is well placed to lead the next wave of compliant and yield-bearing crypto funds.

Also Read | Grayscale Files for Litecoin, Solana, and Bitcoin Adopters ETFs With SEC

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Filed under: Bitcoin - @ July 3, 2025 3:20 am