A First in Solana and U.S. History! Extraordinary Data Has Arrived for SOL!

A new milestone was achieved in the US yesterday as the country's first staking ETF was approved and launched.

The first Solana (SOL) Staking ETF in the US launched by REX-Osprey saw significant interest on its first day.

Bloomberg Senior ETF Analyst Eric Balchunas stated that the REX-Osprey Solana + Staking ETF, the first approved spot staking crypto ETF in the US, saw a trading volume of 33 million dollars on its first day.

Bloomberg analyst James Seyffart also pointed out the success of the Solana ETF, stating that "The first Solana Staking ETF in the US has been launched. SSK recorded a trading volume of approximately 8 million dollars just 20 minutes after its launch."

The ETF also obtained 1 million dollars in asset management.

The performance of the Solana ETF has outperformed the Solana and XRP futures ETFs and the average ETF outflows.

However, it still failed to surpass the spot Bitcoin (BTC) and Ethereum (ETH) ETFs and fell behind.

Under the 1940 Securities Act, the ETF, which is subject to stricter oversight and rules, has chosen Anchorage as its custodian.

$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