First-Ever Solana Staking ETF Set to Launch This Week

In Brief:

Osprey confirms SOL+Staking ETF will begin trading Wednesday.

SOL briefly jumped 5% on the news before settling at $157.

The first Solana-based ETF in the U.S. is set to launch this week, with Rex Shares and Osprey Funds confirming the rollout of a SOL+Staking ETF scheduled for Wednesday. The announcement initially drove a 5% surge in SOL’s price Monday morning, before tapering off to a 2.3% gain at $157.

A spokesperson for Osprey told CoinDesk that the fund is on track, following a recent filing with the SEC in which Rex inquired whether there were any outstanding regulatory concerns. Later that day, the firm posted online that the ETF was "coming soon," signaling green lights from regulators.

The REX-Osprey SOL+Staking ETF would mark a significant milestone as the first Solana-focused ETF to hit U.S. markets, especially one that includes staking exposure. While several firms await spot SOL ETF approval, this fund could set the precedent for how such offerings may be structured moving forward.

The launch reflects growing institutional interest in Solana’s staking economy, positioning it alongside Ethereum in the expanding crypto ETF landscape.

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