REX-Osprey SOL + Staking ETF Surpasses $250 Million AUM Amid Solana Price Surge
- The REX-Osprey SOL + Staking ETF (SSK) reached over $250 million in assets under management (AUM) just two months after its launch on July 2.
- Solana’s price has increased by approximately 18.69% in the past week, currently trading at $240.18.
- Futures volume for Solana rose to $30.04 billion in the last day, a jump of over 12% from the previous day.
- Open interest in Solana derivatives increased by about 7.45%, reaching $16.89 billion.
- Year-to-date, Solana has grown by approximately 27.16%, with a total increase of around 81.32% over the past year.
The rapid growth of the SSK ETF reflects strong demand for Solana-focused financial products among both institutional and retail investors, particularly as confidence expands into derivatives markets.
With a significant rise in both spot and derivative trading volumes, the performance of Solana and its associated ETF underscores robust market interest, evidenced by the ETF’s AUM exceeding $250 million within two months.(Source)