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Benzinga
Benzinga
Business
Chandrima Sanyal

This Solana-Focused ETF By REX-Osprey Offers A New Way To Earn from Crypto

Solana,Logo,And,Coin,With,Shiny,Elements

In a first for the crypto ETF market, REX-Osprey, a joint venture between REX Shares and Osprey Funds, launched the REX-Osprey Solana + Staking ETF (BATS:SSK), the first U.S.-listed ETF to provide both spot Solana (SOL/USD) exposure and staking returns in a typical brokerage account.

This product sets a precedent among ETFs by combining conventional investment vehicle designs with blockchain-native income streams. In contrast with derivatives-based crypto products, SSK seeks pure-play SOL exposure without futures-based contango drag and introduces a twist: staking rewards, which presently return 7.3%, are rebated to investors, with no take by the fund sponsors.

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