Data: Staking SOL ETF SSK Attracts $12 Million Inflows on First Day of Listing

According to Odaily Planet Daily, the first US-listed staking Solana exchange-traded fund, Rex-Osprey Solana+Staking ETF (SSK), attracted approximately $12 million in inflows on its first day of trading on the Cboe BZX Exchange. Additionally, spokespersons from REX Shares and Osprey Funds revealed that the ETF will generate returns for investors by staking at least half of the fund’s assets. Previous reports indicated that the REX-OSPREY Solana Staking ETF recorded a first-day trading volume of $33 million, outperforming both Solana futures ETFs, XRP futures ETFs, and the average performance of standard ETFs. However, Juan Leon, a senior investment strategist at a certain exchange, pointed out that institutional investment in SOL is still at an early stage. (Cryptorank)