Back
REX Shares' Solana Staking ETF Reaches All-Time High with $219M in Total Inflows

REX Shares' Solana Staking ETF Reaches All-Time High with $219M in Total Inflows

The REX-Osprey Solana Staking ETF (SSK) continues to see strong investor demand, achieving a new record for assets under management after a surge in recent inflows.

SOL

Summary

The REX-Osprey Solana Staking ETF (SSK) saw $23 million in inflows yesterday, bringing total additions over the past three days to $23 million. The fund's assets under management have surpassed $289 million for the first time, highlighting ongoing institutional interest in Solana-related investment products.

Terms & Concepts
  • Solana (SOL): A high-performance blockchain platform designed for decentralized applications and cryptocurrencies, known for its fast transaction speeds and low costs.
  • Staking ETF: An exchange-traded fund that holds proof-of-stake cryptocurrencies and distributes staking rewards to its investors, offering exposure to both asset price and yield generation.
  • Inflows: The movement of capital into a fund or asset, such as an ETF, indicating investor demand and buying activity.