BTCC / BTCC Square / SOL News /
Solana-Backed Staking ETF Makes Waves in U.S. Market with Strong Debut

Solana-Backed Staking ETF Makes Waves in U.S. Market with Strong Debut

Author:
SOL News
Published:
2025-07-03 23:12:14
8
3
[TRADE_PLUGIN]SOLUSDT,SOLUSDT[/TRADE_PLUGIN]

The REX-Osprey solana + Staking ETF has made a significant entry into the U.S. financial market, marking a pivotal moment for Solana-related investment products. Launched collaboratively by REX Shares and Osprey Funds, this innovative ETF offers investors direct exposure to Solana (SOL) alongside the added benefit of on-chain staking rewards. The fund's debut on July 4, 2025, was met with robust investor interest, generating an impressive $33 million in trading volume on its first day, with $12 million committed upfront. This strong early performance underscores growing institutional and retail confidence in Solana's ecosystem and its staking mechanisms. The ETF's unique structure combines the liquidity of traditional exchange-traded products with the yield-generating potential of blockchain staking, creating a compelling proposition for investors seeking diversified crypto exposure. Bitwise's involvement further validates the product's credibility in the competitive ETF space. This development signals increasing mainstream adoption of Solana and could pave the way for similar crypto-staking hybrid products in the future.

Solana-Backed Staking ETF Debuts in U.S. with Promising Early Interest

The REX-Osprey Solana + Staking ETF has marked a significant milestone for Solana-related financial products in the U.S. Launched by REX Shares and Osprey Funds, the fund combines direct Solana exposure with on-chain staking, attracting immediate attention from both institutional and retail investors.

On its opening day, the ETF generated $33 million in trading volume, with $12 million committed upfront. Bitwise strategist Juan Leon noted subdued institutional interest compared to Bitcoin-based funds, but Bloomberg analysts Eric Balchunas and James Seyffart highlighted the product's outperformance relative to other crypto ETF debuts.

The fund closed its first day with $1 million in assets under management, with Balchunas predicting potential inflows could reach $10 million in subsequent trading sessions. Early momentum suggests growing mainstream acceptance of Solana's staking yield proposition.

MOODENG Price Prediction – Will It Hit a New High After 40% Surge?

MOODENG, the hippo-themed meme coin on Solana, surged 40% in 24 hours following its listing announcement on Upbit, South Korea's largest crypto exchange. The token spiked 31% within 20 minutes of the news, ranking among today's top gainers on CoinGecko.

Trading goes live July 3 at 17:00 KST with KRW, BTC, and USDT pairs. Upbit cautioned about potential delays if liquidity proves insufficient at launch. The project draws cultural inspiration from Moo Deng, a baby pygmy hippo at Thailand's Khao Kheow Open Zoo that became a pop culture symbol.

Solana Price Set to Break $160 as ETF Approval Looms Large

Solana's price trajectory is gaining momentum as the cryptocurrency nears a potential breakthrough above $160. The driving force behind this surge is the anticipated approval of the REX-Osprey Solana and Staking ETF, which market participants estimate has a 98% chance of approval by July 31, 2025.

The ETF, set to launch in early July 2025, combines exposure to Solana's price movements with its staking rewards, currently yielding around 7% annually. With a 0.75% expense ratio, the product is designed to attract institutional investors seeking diversified crypto exposure.

Institutional interest in Solana has surged as the ETF approval process advances. Analysts view this development as a key turning point for SOL, potentially pushing it past critical resistance levels. The REX-Osprey Solana and Staking ETF (SSK) represents a new avenue for investors to capitalize on both price appreciation and yield generation.

Cooking.City Launches Value-Redistributing Fair-Launch Platform on Solana

Cooking.City has fully launched its fair-launch platform on Solana, emphasizing ecosystem sustainability and long-term development. Backed by institutional investors including Jump and CMT Digital, the project introduces a community-first approach focused on value redistribution rather than extraction.

The platform's Core mechanisms and points system aim to align incentives between traders and developers. A referral system shares revenue with users, offering fee rebates and points based on invitees' trading activity. With no official token launched yet, Cooking.City plans to attract early adopters through anticipated airdrops.

Active users can track rewards and points via a daily dashboard, with top referrers and traders receiving multiplier bonuses. The newly live Cooking Points system incentivizes engagement across multiple dimensions, including trading volume. Michelin Tokens—high-market-cap assets with healthy liquidity—offer additional bonuses.

Best Crypto Pre-sales: DexBoss Leads Innovative On-Chain Trading Tools

The cryptocurrency market continues to evolve with innovative projects attracting early investors through pre-sales. Among the standout offerings is DexBoss, a Solana-based decentralized platform developing advanced trading tools like wallet tracking and real-time alerts. The project aims to raise $50 million across multiple token sale rounds, with prices ranging from $0.01 to $0.0458.

Other notable pre-sale opportunities include AurealOne, Vestrum ($VSTM), The Last Dwarfs (TLD), and wienerai (WAI). These projects demonstrate the sector's ongoing expansion beyond established assets like SOL and ETH, as developers create specialized solutions for decentralized finance.

Solana (SOL) Price Eyes $280-$300 Range as Key $140 Support Holds Amid ETF-Driven Momentum

Solana's SOL token surged 4.3% to $153.08, cementing its $81.85 billion market cap as institutional interest grows following the landmark U.S. listing of a staking ETF. The $SSK fund recorded $33 million in debut-day volume—a strong signal of institutional adoption for this novel financial instrument combining spot exposure with staking yields.

Technical patterns suggest a cup-and-handle breakout formation could propel SOL toward the $280-$300 range if it maintains support above $140. The ETF milestone marks a watershed moment for crypto financialization, coming just days after tokenized stock products gained traction.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users