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First Solana ETF to Hit the Market This Week; SOL Price Jumps 5%
A spokesperson for Osprey confirmed that the fund would begin trading on Wednesday.
Jun 30, 2025, 5:08 p.m.
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Solana jumped about 5% Monday morning amid rumors that a SOL Staking exchange-trade fund (ETF) by Rex Shares and Osprey Funds could start trading on the market as soon as Wednesday.
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The token later fell back slightly, now trading up about 2.3% over the past 24 hours at $157 at press time.
A spokesperson for Osprey confirmed to CoinDesk that the "fund will launch Wednesday," following a post on X by the automated headline account "Unfolded."
Just last week, Rex filed a letter with the Securities and Exchange Commission (SEC) asking whether comments had been resolved for their filing. Later that day, the asset manager posted on X that the ETF was “coming soon,” suggesting that the SEC had no further comments.
The REX-Osprey SOL+Staking ETF would be the first of its kind in the U.S. Several issuers are still awaiting approval for a spot SOL ETF which would likely also include staking capabilities.
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- Strategy (MSTR) added 2,486 bitcoin for $168.4 million in the last week.
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- Last week's buys were funded via common stock sales and the sale of the STRC preferred series.
