The REX-Osprey Solana + Staking ETF (SSK), the first U.S.-listed crypto staking exchange-traded fund, has begun trading on the Cboe exchange. Launched by REX Shares and Osprey Funds, the fund offers investors exposure to Solana while generating staking rewards. Trading commenced at $25.47 per share with Anchorage Digital as the exclusive custodian and staking partner. Unique to SSK is its registration under the Investment Company Act of 1940, requiring a qualified custodian to hold the underlying assets, contrasting with traditional bitcoin and ethereum ETFs. CEO Nathan McCauley of Anchorage Digital emphasized that this marks a significant advancement in providing broader access to the crypto ecosystem. The ETF allows investors to lock their tokens into the network, earning rewards while simplifying the staking process through traditional brokerage accounts. With Solana's price rising by 2% to $150, the introduction of staking ETFs marks an evolving phase in the crypto market, blending income-generating features with regulated investment opportunities.

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