REXShares Solana Staking ETF adds $27M, lifting AUM to $306M
Growing investor demand for crypto ETFs pushes $SSK's assets over $300 million as staking products gain regulatory traction.
Key Takeaways
- REXShares' Solana staking ETF ($SSK) added $27 million in a day, bringing its assets under management to $306 million.
- The ETF offers exposure to Solana with staking rewards, eliminating the need for investors to directly manage digital assets.
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REXShares’ Solana staking ETF ($SSK) added $27 million today, bringing its assets under management to $306 million as investor interest in crypto ETFs continues to grow.
The fund allows investors to gain exposure to Solana, a high-performance blockchain platform, while earning staking rewards without directly managing digital assets. Staking yields on Solana’s network typically range from 5-7% annually.
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