Solana Staking ETF Becomes First U.S.-Listed Crypto Staking Product
TL;DR
- REX-Osprey Solana + Staking ETF (SSK) is the first U.S.-listed crypto staking ETF
- Anchorage Digital selected as exclusive custodian and staking partner
- Investors gain exposure to Solana (SOL) and staking rewards via traditional brokerage
- ETF began trading at $25.47/share on the Cboe exchange
- Registered under the Investment Company Act of 1940, offering added regulatory clarity
- CEO of Anchorage calls it a “new chapter in the crypto ETF story”
U.S. Debuts First-Ever Staking ETF with Solana Focus
The first crypto staking ETF in the U.S. has officially launched. The REX-Osprey Solana + Staking ETF (SSK) started trading Wednesday on the Cboe exchange, priced at $25.47 per share. Backed by REX Shares and Osprey Funds, the product offers exposure to Solana (SOL) while generating passive income through staking rewards.
This launch marks a new era for crypto ETFs, expanding the scope beyond traditional spot Bitcoin and Ethereum ETFs to income-generating strategies built on proof-of-stake networks.
Key Metrics and Structure
| Attribute | Value | Source |
| ETF Name | REX-Osprey Solana + Staking ETF (SSK) | CoinDesk |
| Launch Price | $25.47 | Cboe Exchange |
| Custodian & Staking Partner | Anchorage Digital | |
| Regulatory Framework | Investment Company Act of 1940 | SEC.gov |
| 24-Hour SOL Price Change | #ERROR! | CoinMarketCap |
Anchorage Digital Named Exclusive Partner
The ETF’s underlying Solana assets will be custodied and staked by Anchorage Digital, the only federally regulated bank in the U.S. authorized to both custody and stake digital assets. This ensures that the ETF complies with 1940 Act rules, which require assets to be held by a qualified third-party custodian.
“Staking is the next chapter in the crypto ETF story,” said Nathan McCauley, CEO of Anchorage Digital.
“This launch is a win for consumers and a big step toward broader crypto accessibility.”
Why It Matters: Making Staking Easy for Retail
Until now, staking Solana required technical expertise, wallet management, and direct network interaction. With SSK, investors can gain staking exposure and SOL price participation through traditional brokerage accounts.
The ETF structure effectively wraps Solana’s staking mechanism — which rewards token holders for helping secure the network — into a familiar, regulated investment vehicle.
“We aim to democratize staking through ETF packaging,” said a REX Shares spokesperson.
Part of a Larger Crypto ETF Evolution
The introduction of SSK comes at a time when the crypto ETF market is expanding rapidly. While most innovation has centered on Bitcoin ETFs and Ethereum spot products, staking ETFs introduce yield generation into the mix — a critical feature that appeals to income-seeking investors.
“[SSK] bridges the gap between DeFi tools and Wall Street portfolios,” noted Osprey Funds in the launch release.
This also signals a broader shift in institutional acceptance of proof-of-stake blockchains as a core part of diversified digital asset exposure.
Solana Price Reaction
The price of Solana (SOL) moved 2% higher over 24 hours, reaching $150, as news of the ETF broke.
Solana remains one of the most actively staked cryptocurrencies, and with its high-speed throughput and low fees, it has become a preferred network for DeFi and NFT development.
Regulatory Context: 1940 Act vs. Spot ETFs
Unlike Bitcoin and Ethereum ETFs registered under the Securities Act of 1933, SSK is structured under the Investment Company Act of 1940. This requires stricter oversight and custody rules — including mandatory third-party custodianship.
This extra layer of compliance could make staking ETFs more attractive to traditional institutions hesitant about crypto custody.
Outlook: More Staking ETFs Likely to Follow
Industry analysts expect additional staking-focused ETFs in the pipeline, possibly tied to other proof-of-stake assets like Ethereum, Avalanche, and Polkadot. These products will likely follow the SSK model, combining staking yield with price appreciation.With Anchorage Digital establishing itself as the go-to custodian for such offerings, expect more collaborations between regulated banks and ETF issuers in the coming quarters.
