30.06.2025 18:25
REX Shares is poised to launch the first-ever U.S. cryptocurrency exchange-traded fund (ETF) that incorporates built-in staking rewards, potentially debuting this week. This groundbreaking innovation, the REX-Osprey SOL + Staking ETF, offers investors exposure to Solana's price movements while simultaneously generating yield through on-chain staking. The fund's novel structure, operating under the 40 Act, represents a significant advancement in regulated crypto investment products.
The imminent launch is fueled by an updated prospectus filed by REX Shares and confirmed by Bloomberg analysts. Eric Balchunas, a prominent ETF expert, noted the prospectus's completeness, suggesting the resolution of any prior regulatory hurdles. Further bolstering the expectation of an imminent launch, another Bloomberg analyst, James Seyffart, predicted a debut within the week. The absence of significant regulatory opposition significantly accelerates the process, paving the way for a rapid market entry.
This innovative ETF, trading under the ticker symbol $SSK, differs markedly from conventional spot crypto ETFs by integrating Solana's native staking rewards. Unlike funds solely reliant on price appreciation, the REX-Osprey SOL + Staking ETF aims to deliver a dual stream of returns: capital gains from Solana's price performance, and passive income derived from actively participating in the Solana blockchain's staking mechanism. This dual-return strategy represents a pioneering approach within the regulated U.S. crypto market. The SEC's lack of further comment following the filing is widely interpreted as a green light for the launch.
This pioneering initiative could signal a paradigm shift within the U.S. regulatory landscape for crypto yield products. The success of this Solana-based ETF could encourage the development of similar staking-based ETFs, potentially transforming the landscape of regulated crypto investment. The introduction of this innovative product, combined with the apparent ease of its regulatory approval, opens the door for a new era of crypto investment strategies.
