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Wall Street Just Got Paid in Solana: New ETF Offers 7.3% Staking Rewards

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  • SSK is the first U.S.-listed ETF to offer direct Solana staking rewards
  • Investors receive a 7.3% yield through traditional brokerage accounts
  • The fund managers take no stake fees, and rewards go fully to investors

A new exchange-traded fund has opened the door for Wall Street investors to earn rewards directly from the Solana blockchain. On July 2, REX-Osprey officially launched the SSK – REX-Osprey Solana + Staking ETF, marking the first U.S.-listed fund to provide staking yields from SOL.

The ETF combines spot Solana exposure with staking mechanisms to generate blockchain-native income. REX-Osprey is an investment fund that follows the direction of investors- in other words, there will be no share of the staking rewards that will belong to managers of their funds.

At the time of launch, the staking reward rate stood at 7.3 percent. Those returns are now available to conventional brokerage accounts, which has made it easy for institutional and retail players to earn a simple gain by utilizing the Solana ecosystem.

Also Read: Whale Moves $155M in SOL as New ETF Launch Sends Solana Price Soaring

ETF Structure Blends Spot Assets and Liquid Staking for Simplicity and Compliance

SSK achieves this model using a three-part structure, with around 50 to 60 percent of the fund’s assets directly staked in SOL tokens.

Another 40 percent is invested in exchange-traded products that also perform staking functions. The remaining allocation includes liquid staking tokens like JitoSOL.

The assets are flexible and enable the ETF to strike a balance between liquidity requirements and maintaining yield prospects. Such a structure assists the fund in meeting the regulations under the U.S. regulatory provisions by avoiding derivatives and unregistered securities.

Rather than the contracted futures, which are frequently marred by pricing distortions, the ETF operates exclusively on spot property and stake proxies. This guarantees stability in rewards and remains accessible to conventional investors.

The company has defined the product as a significant advance in combining regulated finance with decentralized yield opportunities. According to the firm, SSK provides a simple way to earn staking rewards on Solana without wallets or complicated crypto infrastructure.

Under the ticker, SSK, the fund is accessible to U.S. investors interested in gaining exposure to digital assets to generate yields. The ETF is also the first of its kind to introduce on-chain staking rewards in the traditional investment market in the United States.

The launch could influence future crypto-based financial products by proving that blockchain rewards can be delivered through conventional financial tools.

Also Read: Ripple Applies for U.S. Banking License in Bold Move to Boost XRP Utility

The post Wall Street Just Got Paid in Solana: New ETF Offers 7.3% Staking Rewards appeared first on 36Crypto.

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