CryptoMediaClub
Sunday, July 27, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home All news

First US Solana Staking ETF Sees $12M Inflows on Debut With $33M Volume

03.07.2025
A A
0
118
VIEWS
ShareShare

The first Solana staking exchange-traded fund (ETF) in the United States wrapped up its debut trading session with $12 million in inflows and $33 million in volume, marking a strong start for staking-focused crypto ETFs.

Key Takeaways:

  • The first US Solana staking ETF launched with $12 million in inflows and $33 million in volume.
  • Opening day trading volumes topped earlier Solana and XRP futures ETFs.
  • REX-Osprey’s creative fund structure overcame SEC hurdles, avoiding the standard spot ETF approval process.

The REX-Osprey Solana Staking ETF, trading under the ticker SSK, launched Wednesday on the Cboe BZX Exchange.

The fund offers investors exposure to Solana (SOL) while providing staking yields, positioning it as the first ETF in the U.S. to combine spot Solana exposure with staking rewards.

Solana Staking ETF Outpaces Futures Funds

According to Bloomberg ETF analyst Eric Balchunas, the ETF’s opening day volumes surpassed those seen by earlier Solana and XRP futures ETFs.

However, they fell short of the explosive debuts of spot Bitcoin and Ether ETFs, which together recorded $4.6 billion in shares traded on their first day in January 2024.

Bloomberg’s James Seyffart noted the ETF saw $8 million in trading volume within its first 20 minutes, describing it as a “healthy start to trading.”

$SSK ended day with $33m in volume. Again, blows away the Solana futures ETF and XRP futures ETFs (or the avg ETF launch) but it is much lower than the Bitcoin and Ether spot ETFs. pic.twitter.com/t6LkQwDXLc

— Eric Balchunas (@EricBalchunas) July 2, 2025

Anchorage Digital co-founder Nathan McCauley called the launch a “defining moment” for digital assets, highlighting its role in expanding institutional access to crypto staking opportunities.

The ETF’s launch was not without hurdles. The Securities and Exchange Commission (SEC) initially raised objections in late May, questioning whether the product qualified as an “investment company” under federal securities laws.

REX-Osprey navigated these challenges by structuring the fund to invest at least 40% of its assets in other exchange-traded products, many of which are listed outside the United States.

The regulatory workaround allowed the fund to avoid the traditional 19b-4 filing process typically required for spot crypto ETFs.

Nate Geraci, president of NovaDius Wealth Management, previously described the strategy as a “regulatory end-around,” a view shared by analysts who have debated whether the fund should be classified as a conventional spot Solana ETF.

yes, altho to be fair this is some 400-level ETF technical nerd-ery

— Eric Balchunas (@EricBalchunas) July 1, 2025

Strong Start Sparks Hopes for Spot Solana ETF Approval

The promising debut has fueled speculation about the potential approval of true spot Solana ETFs.

Both Seyffart and Balchunas recently estimated a 95% chance that the SEC will approve spot Solana ETFs before the year ends. Seyffart added that a wave of new ETFs, including products tied to XRP and Litecoin, could arrive in the second half of 2025.

Meanwhile, Solana’s price saw muted movement, gaining 3.6% over the past 24 hours and trading around $153 at press time.

Despite the ETF launch, SOL remains down nearly 48% from its highs earlier this year.

However, Solana CME futures showed rising institutional appetite, with open interest reaching $167 million after the ETF’s debut, according to data from SolanaFloor.

As reported, digital asset investment funds pulled in $2.7 billion last week, capping an 11-week streak of inflows that now totals $16.9 billion.

The bulk of the inflows came from the United States, accounting for $2.65 billion.

Switzerland and Germany recorded modest additions of $23 million and $19.8 million, respectively, while Canada, Hong Kong, and Brazil posted small outflows.

Bitcoin remained the primary magnet for capital, drawing $2.2 billion last week, a commanding 83% of total inflows, while short-Bitcoin products extended their year-to-date outflows to $12 million.

The post First US Solana Staking ETF Sees $12M Inflows on Debut With $33M Volume appeared first on Cryptonews.

Share9Tweet6ShareSharePin2

Related Posts

What if Strategy Had Invested in XRP Instead of Bitcoin? 
All news

What if Strategy Had Invested in XRP Instead of Bitcoin? 

27.07.2025
0

Strategy (formerly known as MicroStrategy) has been on a wild ride these past few years — defying naysayers by persevering...

Read moreDetails
Ethena Up 21% After $360M USDe Deal – Can ENA Hit $1?

Ethena Up 21% After $360M USDe Deal – Can ENA Hit $1?

27.07.2025
After the Passage of the Genius Act, ALL4 Mining and XRP Will Help Investors Open a New Chapter in Mining Income

After the Passage of the Genius Act, ALL4 Mining and XRP Will Help Investors Open a New Chapter in Mining Income

27.07.2025
Bitcoin Price Prediction: All Eyes on This Descending Triangle Chart Pattern – 100% Move Coming?

Bitcoin Price Prediction: All Eyes on This Descending Triangle Chart Pattern – 100% Move Coming?

27.07.2025
Siton Mining Launches New Application to Use XRP to Start BTC Mining Machines

Siton Mining Launches New Application to Use XRP to Start BTC Mining Machines

27.07.2025
Load More
Next Post
Scammers Steal $250K in Crypto Posing as Trump-Vance Inaugural Committee

Scammers Steal $250K in Crypto Posing as Trump-Vance Inaugural Committee

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Bitcoin white paper turns 15 as Satoshi Nakamoto’s legacy lives on

Bitcoin white paper turns 15 as Satoshi Nakamoto’s legacy lives on

2 years ago

Only 5.8% of BTC in Circulation Sits on Exchanges But Bitcoin Price Struggles: Santiment

2 years ago

France to develop local metaverses against global giants

2 years ago
BABYDOGE Builds a Chance of Being in Demand, How?

BABYDOGE Builds a Chance of Being in Demand, How?

2 years ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Bitcoin Price Prediction: All Eyes on This Descending Triangle Chart Pattern – 100% Move Coming?

Siton Mining Launches New Application to Use XRP to Start BTC Mining Machines

How Little Pepe’s Layer 2 Chain Changes Meme Coin Hype, Raises $5 Million in Presale

El Salvador’s Bitcoin Strategy Faces IMF Hurdles and Limited Public Reach, Says NGO

Solana Price Prediction: Key Technical Formation Signals Major Upside Potential for SOL

Dragonfly Capital Faces Potential Charges Over Tornado Cash Ties, Vows to Fight Back

Trending

What if Strategy Had Invested in XRP Instead of Bitcoin? 
All news

What if Strategy Had Invested in XRP Instead of Bitcoin? 

27.07.2025
0

Strategy (formerly known as MicroStrategy) has been on a wild ride these past few years — defying...

Ethena Up 21% After $360M USDe Deal – Can ENA Hit $1?

Ethena Up 21% After $360M USDe Deal – Can ENA Hit $1?

27.07.2025
After the Passage of the Genius Act, ALL4 Mining and XRP Will Help Investors Open a New Chapter in Mining Income

After the Passage of the Genius Act, ALL4 Mining and XRP Will Help Investors Open a New Chapter in Mining Income

27.07.2025
Bitcoin Price Prediction: All Eyes on This Descending Triangle Chart Pattern – 100% Move Coming?

Bitcoin Price Prediction: All Eyes on This Descending Triangle Chart Pattern – 100% Move Coming?

27.07.2025
Siton Mining Launches New Application to Use XRP to Start BTC Mining Machines

Siton Mining Launches New Application to Use XRP to Start BTC Mining Machines

27.07.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz