REXShares Solana Staking ETF adds $27M, lifting AUM to $306M

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.

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.