cyrpto 33m, debuts, ETF, Solana, staking, U.S, volume Mark July 3, 2025 0 Comments

First U.S. Solana staking ETF debuts with $33M in volume

The first American stock exchange fund offering an exhibition to Solana and chain ignition awards began to negotiate this week, arousing high demand during its start on the market.

On July 2, 2025, Rex-Osprey Solana + Staking ETF, exchanging under the SSK Ticker, launched on CBOE exchange. According to the analyst of Bloomberg Etf Eric Balchunas’ job On X, it ended its first day of negotiation with around $ 33 million in volume and $ 12 million in admissions.

This performance has exceeded early activity in Solana (GROUND) and xrp (Xrp) ETF in the long term but did not succeed in the record figures observed in Bitcoin (BTC) and Ethereum (Ethn) Spot ETF earlier this year.

$ Ssk Completed the day with $ 33 million in volume. Again, blows the ETFs in the long term Solana Futures ETF and XRP (or the AVG ETF launch), but it is much lower than the Bitcoin and Ether Spot ETF. pic.twitter.com/t6lkqwdxlc

– Eric Balchunas (@ericbalchunas) July 2, 2025

SSK is structured under the 1940 law on investment companies, a law which establishes more strict guidelines for the protection and care of investors. Anchoing Digital, the only cryptocurrency bank with a federal charter authorized both for the custody and assets of interests, is the guardian and the ETF jealization partner.

The fund follows the Solana price while generating additional return thanks to the implementation, the payments in monthly cash transmitted directly to investors. About 80% of FNB assets are allocated to soil. At least half of this is marked out using institutional validators such as galaxy and figure.

The rest is made up of liquid shiny token such as jitosol and other negotiated products linked to the soil listed in Canada and Europe. Compared to future-based products, the SSK cash pricing model, which is based on the CME CF Solana-Dollar reference rate, provides narrower monitoring of the real soil market price.

THE launch Finally took place after months of back and forth with the American commission for securities and exchange. The agency initially expressed its concerns concerning the mechanisms of classification and implementation of funds, but by June 28, it had not issued any other comments, essentially allowing ETF to go forward.

With nine other Solana ETF applications in progress products Expected, the launch of SSK could influence the direction of cryptocurrency ETF in the United States, especially those who use a stake to generate a passive income.