The first-ever staked crypto ETF in the US will begin trading this Wednesday, according to REX Shares. The product will offer investors exposure to Solana (SOL) while earning on-chain staking rewards—an industry first for an exchange-traded fund.
Solana’s price jumped nearly 4% within an hour of the announcement, signaling strong market interest. The ETF is expected to list under the ticker SSK.
Major Greenlight For Solana ETFs In the US
This ETF combines spot exposure to Solana with the added benefit of staking yield. Investors will hold shares that reflect both the price of SOL and the rewards generated from staking activities on-chain.
Meanwhile, this makes it the first ETF in the US to distribute native staking income to shareholders.
Unlike traditional ETFs requiring lengthy SEC approval under exchange rules, the REX-Osprey product uses a unique regulatory structure.
It is registered under the Investment Company Act of 1940 and operates through a C-corporation, allowing it to launch without a 19b-4 filing.
Also, this structure avoids direct engagement with the SEC on staking-related enforcement issues, which have held up several pending spot ETF applications.
Notably, REX Shares previously received informal confirmation from the SEC that there were no outstanding comments on its filing.
The ETF will be available to US investors and offer 24/5 liquidity, commission-free access (via certain platforms), and transparent reward distribution.
Unlike crypto exchange staking programs, investors retain full exposure through a regulated financial instrument.
This marks a major milestone for crypto asset management in the US. It demonstrates that staking-based yield can coexist with regulated ETF frameworks—something previously considered a gray area by regulators.
It also puts pressure on pending spot Solana ETF applicants like VanEck and 21Shares. Their filings, based on standard exchange-traded commodity trust structures, remain under SEC review and do not yet include staking components.
So, the REX-Osprey product may serve as a regulatory workaround model for others.
Disclaimer
In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
