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First U.S. Solana Staking ETF Hits $321M AUM Amid Record Weekly Inflows

REX Shares’ Solana staking ETF, $SSK, posted $19.1M in daily inflows and a record $42M for the week, reaching an all-time high in assets under management.

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Summary

The first U.S. Solana staking ETF, $SSK by REX Shares, recorded $19.1 million in inflows yesterday, bringing weekly inflows to a record $42 million. This surge pushed the fund’s total assets under management to $321 million, marking a new all-time high.

Terms & Concepts
  • Solana Staking ETF: An exchange-traded fund that invests in Solana and participates in staking to earn rewards, offering investors blockchain yield exposure without direct token holding.
  • AUM (Assets Under Management): The total market value of assets an investment firm or financial product manages on behalf of clients.
  • Inflows: The amount of money investors add to a fund or ETF over a specific period.