TLDR
- The Solana SSK ETF from REX-Osprey surpassed $100 million in assets under management within three weeks of its launch.
- It is the first US-listed ETF to combine spot Solana exposure with onchain staking rewards.
- The fund is registered under the Investment Company Act of 1940 which allows monthly income distributions from staking.
- Institutional investors are increasingly adopting staking-based returns as an alternative to traditional fixed income products.
- REX-Osprey has also filed for similar ETFs tied to Ethereum XRP and Dogecoin using the same compliant structure.
The Solana SSK ETF from REX-Osprey crossed $100 million in assets under management within three weeks of its launch. This milestone positions it as the first US-listed ETF combining spot Solana exposure with onchain staking rewards. With strong market interest, it marks a turning point for regulated crypto yield products.
Unlike most crypto ETFs registered under the Securities Act of 1933, the Solana SSK ETF operates under the Investment Company Act of 1940. This structure enables monthly income distribution through staking, attracting institutional interest in yield rather than price speculation. The fund’s model opens a new avenue for asset managers seeking crypto-based fixed income alternatives.
Solana traded above $200 on July 22, while the Solana SSK ETF maintained strong inflows amid broader demand for staking access. The ETF structure simplifies staking exposure for regulated financial advisors. It aligns with the growing shift toward blockchain-native income products in compliant investment formats.
Solana SSK ETF Draws Institutional Momentum
The fund’s structure offers both capital appreciation and monthly staking rewards, appealing to advisors and yield-focused investors. Institutional investors are adapting to staking-based returns as bond yields plateau and market volatility persists. The Solana SSK ETF gives these institutions a tool to gain crypto exposure with regular returns.
REX-Osprey CEO Greg King confirmed that the ETF’s growth reflects strong investor demand for staking-aligned products. He also confirmed filings for similar ETFs tied to XRP, DOGE, and ETH. These products will follow the same regulatory framework to deliver compliant staking rewards.
As the first of its kind, the Solana SSK ETF sets a precedent for future staking ETFs. Its compliance with the Investment Company Act makes it a potential model for upcoming funds. With Solana’s network yield and performance, the ETF meets demand for income-generating digital asset products.
Crypto ETF Expansion Targets ETH, DOGE, and XRP
Following the success of the Solana SSK ETF, REX-Osprey submitted filings for spot ETFs tied to Ethereum, XRP, and Dogecoin. These new ETFs will follow the same 1940 Act framework to enable staking-based dividends. While regulatory approval is pending, the format signals a growing trend among asset managers.
Fidelity, Franklin Templeton, Bitwise, and others have also filed for Solana or staking-linked ETFs. These efforts reflect rising interest in regulated yield strategies based on blockchain protocols. Institutional allocators are exploring staking returns to diversify from traditional interest-bearing products.
Ethereum ETFs currently exclude staking features, but industry participants expect this to shift with improved regulatory clarity. Until then, the Solana SSK ETF remains the first US-listed product offering compliant staking rewards through a familiar ETF wrapper.
