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Breaking: REX-Osprey Solana Staking ETF Goes Live
The REX-Osprey Solana Staking ETF has launched, offering a new opportunity for U.S. investors to gain exposure to Solana (SOL) while receiving staking rewards. This marks the first U.S.-listed crypto ETF to combine token exposure and staking rewards in a regulated structure, providing an investment avenue for those looking to participate in the growing Solana ecosystem.
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REX-Osprey Solana Staking ETF Launches
According to a press release, the REX-Osprey Solana Staking ETF (SSK) is now available for investors seeking exposure to Solana while benefiting from staking rewards. This fund represents a breakthrough in the U.S. crypto ETF market as it combines the benefits of holding Solana tokens with the added yield generated from staking, making it an attractive option for investors.
The ETF focuses on offering direct spot exposure to Solana, which avoids the challenges that often come with futures-based crypto ETFs.
In addition to the direct exposure, the ETF also delivers the benefits of staking rewards, with the current reward rate for Solana’s staking standing at 7.3%. The SOL staking ETF aims to hold the majority of its assets in staked SOL tokens, further enhancing the yield for investors.
This Is A Developing News, Please Check Back for More
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