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The REX-Osprey 
Solana and Staking ETF will be the first US staked crypto ETF, offering investors exposure to SOL with staking yield, marking a significant step for traditional finance's involvement in crypto.
What’s the Scoop?
- Staked Crypto ETF Launch: The REX-Osprey Solana and Staking ETF is set to launch, making it the first US staked crypto ETF.
- Regulatory Approval: The ETF is launching after positive feedback from the SEC regarding its unique C-Corp structure.
- Yield for Investors: The fund provides direct exposure to Solana (SOL) while earning staking rewards.
- Market Impact: Solana's price surged 6% following the announcement, reaching $158, up 12% over the past week.
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