The Solana SSK ETF, the first U.S. ETF combining spot Solana exposure with on-chain staking rewards, surpassed $100 million in assets under management within 12 trading days of its July 2 debut. Unlike typical crypto ETFs which can't distribute staking rewards due to Securities Act restrictions, SSK is under the Investment Company Act, allowing it to pay staking distributions as dividends. Greg King, CEO of Rex-Osprey, emphasized that SSK provides mainstream investors access to Solana staking in a familiar ETF format. As institutional investors look for yield opportunities, particularly in light of plateauing global interest rates, SSK reflects a growing appetite for staking-based returns. Other asset managers are also exploring staking-tied products across various cryptocurrencies like XRP, DOGE, and ETH. While regulatory challenges remain, SSK's success may inspire similar offerings in the future.

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