First US Solana Staking ETF Launches — Now You Can Earn Yield on SOL via SSK!
The U.S. is on the brink of launching its first-ever Solana staking ETF, as REX Shares and Osprey Funds ready their 'SSK' fund for trading as soon as July 2
This isn't just a regular spot SOL fund — it's a staking-enabled ETF. That means investors will get both price exposure and yield from Solana’s native staking rewards — all through a regulated, traditional brokerage account.
The move was made possible by two key developments:
- The SEC officially clarified that staking doesn’t violate securities laws — a critical green light
- REX used a C‑Corp structure under the Investment Company Act of 1940 — sidestepping long delays associated with 19b-4 filings
The market responded immediately: SOL shot up ~6% intraday and rose ~12% over the past week. Analysts like Balchunas and Seyffart note that all regulatory comments have been addressed, signaling a clear path to launch.
🧠 Mini Analysis
This is more than just a Solana ETF — it’s a blueprint for yield-bearing crypto products in the U.S.
If SSK succeeds, expect a wave of staking-enabled ETFs for other PoS assets like ETH — and the next chapter of altcoin summer might just have begun.