The REX-Osprey SOL + Staking ETF, the first U.S. spot Solana exchange-traded fund featuring staking, saw approximately $33 million in trading volume and $12 million in net inflows on its first day of trading.

About 80% of the fund’s assets are allocated to spot SOL, with over half of that staked to generate onchain yield. 


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Besides directly held and staked SOL, the ETF also invests in other Solana exchange-traded products and a small portion in liquid staking tokens like JitoSOL.

“$SSK (…) blows away the Solana futures ETF and XRP futures ETFs (or the [average] ETF launch) but it is much lower than the Bitcoin and Ether spot ETFs,” noted Senior Bloomberg ETF analyst Eric Balchunas on X.