Solana ETF pulls in a record $12 million on debut day
The first U.S. crypto staking exchange-traded fund (ETF) delivered an impressive debut performance, with Bloomberg ETF analyst Eric Balchunas reporting that the REX-Osprey + Staking ETF (SSK) pulled in $12 million in inflows and $33 million in trading volume on its opening day. The Solana ETF $SSK took in $12m on first day, according to Osprey who told Decrypt (we won't see it in data till tonight). That's pretty solid. For context, it took 3mo for $SOLZ to get $12m. Also pre-market volume is $3m (vs 260k for SOLZ), pointing another healthy trading day. https://t.co/ORottKyGXg — Eric Balchunas (@EricBalchunas) July 3, 2025 The fund began trading on Wednesday on the Cboe BZX Exchange at $25.47 per share. The debut performance “blows away” Solana and XRP futures ETFs, according to Balchunas, adding for context, “it took 3mo for $SOLZ to get $12m”. How a crypto staking ETF works Unlike traditional crypto ETFs, SSK enables investors to ...