REX Shares Solana staking ETF Hits New ATH with $251M in AUM

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REX Shares Solana staking ETF Hits New ATH with $251M in AUM

Key Highlights:

  • REX-Osprey Solana staking ETF attracted nearly $251 million in AUM within just two months of launch.
  • SOL price surged significantly amid the milestone with about 6% gains today.
  • REX Shares is now gearing for a Dogecoin ETF launch.

REX-Osprey Solana staking ETF (NASDAQ: SSK) has surpassed a key milestone within less than two months, attracting almost $251 million in assets under management. The rapid capital inflow raises awareness of the high momentum of Solana-related investment products, driven by the sharp increase in the price of the toke,n as well as an increase in engagement in staking.

SOL Price Soars as Solana ETF Gains Momentum

The ETF soared at a rapid pace as Solana remains a phase of a strong performance. At press time, SOL was worth $241.52, which translates to a 5.78% surge in the last 24 hours. Gains within a week were approximately 19%, and the monthly chart indicated an increase of over 25. This growth has come with an increase in the inflow of investors in funds pegged to the blockchain network.

In contrast to the conventional crypto-tracking funds, SSK incorporates into the design the staking yield of Solana, providing their holders with a two-fold exposure to the price appreciation, as well as on-chain rewards. REX Shares stated that the car was constructed to meet the increasing need among investors both retail and institutional that would like to engage in the Solana ecosystem without wallets or validators but through a regulated channel.

Staking Returns Take Over ETF Pitch.

To the market players, the attractiveness of the ETF is its two-fold design. Investors not only participate in the SOL mobility but also reap the staking revenue of the proof-of-stake scheme on the network. As ever-increasing amounts of capital are staked in pools, annualized yields are a desirable addition to the already impressive performance of Solana in the market.

As the product is co-managed with REX Shares, Osprey Funds focused on the fact that such a mix makes the ETF stand out from traditional single-asset crypto trackers. The structure is successful in combining a passive exposure with a revenue model, a template that has started connecting with institutions that want to get an effective entry point into the digital asset markets.

Derivatives Market Pours Fuels the Fire

Similar to the spot demand, the futures and options markets of Solana have been gaining momentum. Solana futures trading has seen a single-day increase of more than 12%, with a trade of $30.04 billion in the last 24 hours. The increase in open interest was 7.45% to $16.89 billion. This increase in the derivatives market is an indication that there is growing confidence in the long-term outlook of Solana and it provides a reinforcing effect on the growth of the ETF.

This growing derivatives trading highlights the level at which professional traders and institutional desks are accumulating positions in Solana. The SSK fund has offered a listed product that is connected to the price movement of SOL as well as to staking income, and as a result, it has become a channel through which that increased interest can effectively be channeled.

Further, institutional adoption of Solana has become visible in recent times. SOL Strategies, a Solana treasury company, was recently approved to list on Nasdaq. Such milestones are mentioned by industry observers as one of the indications that regulated finance is becoming more willing to embrace Solana-related products. This setting has been conducive to SSK, which is offering investors a model that is familiar in conventional markets but that is actually connected to blockchain performance.

Expanding the ETF Lineup

The Solana Staking ETF is included in a wider project of REX-Osprey to launch crypto-centric funds. The companies have also fixed the REX-Osprey Dogecoin ETF (DOJE), which is structured to track the price of Dogecoin, along with SSK. The novelty of its market presence has been recently highlighted by Bloomberg reporter Eric Balchunas, who called it the first memecoin-based U.S. ETF.

Though it was originally meant to launch in early September, the trading of DOJE has already been postponed twice, its latest intended launch date being September 18, 2025. The launch of the fund would be the first U.S. exchange-traded fund to track Dogecoin and increase the presence of REX-Osprey in the growing digital asset ETFs market.

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