First-Ever Solana Staking ETF (SSK) Begins Trading on U.S. Markets
So here’s a major development I want to talk about — the launch of the first-ever Solana staking ETF in the United States. This is a big moment for both crypto and traditional finance, and it's happening under the ticker symbol SSK . It’s been introduced by REX Shares in collaboration with Osprey Funds , and it just started trading on the Cboe exchange at a price of $25.47 per share.
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Now, what makes this ETF groundbreaking is that it doesn’t just offer exposure to Solana (SOL) , which is currently trading around $153 and up 3% today — it actually integrates staking into the ETF structure. That means investors won’t just benefit from price appreciation — they’ll also earn staking rewards directly through the fund. Pretty incredible, right?
Here’s how it works. Instead of having to learn how to stake Solana yourself — which typically requires dealing with wallets, validators, and other technical processes — this ETF wraps that entire function into a traditional financial product. It’s managed like any standard ETF, but with the staking component built in. This opens the door for everyday investors and institutions alike to benefit from blockchain economics without having to be crypto-savvy .
Now, let’s talk about security and custody. The ETF is held under the Investment Company Act of 1940 , which mandates that a qualified custodian must hold the assets — and in this case, that role goes to Anchorage Digital , the only federally regulated bank in the U.S. authorized to both custody and stake crypto assets. They’re the ones actually managing the staking process behind the scenes.
Nathan McCauley , the CEO and co-founder of Anchorage Digital, put it perfectly: “Staking is the next chapter in the crypto ETF story.” And I completely agree. This marks a turning point. We’ve had Bitcoin and Ethereum spot ETFs come out recently, but this is something new. This is yield plus exposure , all in one SEC-regulated package.
So what does this mean for the broader market? It means crypto-based financial products are becoming more sophisticated, more accessible, and more aligned with traditional investment frameworks. It’s also a signal to regulators and skeptics alike that crypto can be structured in a way that meets stringent compliance requirements.
To wrap it up — the launch of the SSK ETF is more than just another ticker going live. It’s a sign that staking, one of crypto’s core value mechanisms, is entering the mainstream . And with Solana’s network efficiency and popularity growing, this might just be the start of a new wave of ETFs focused on crypto income strategies.
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