Editor's PiCK
First U.S. Solana Staking ETF Trades $8 Million Within 20 Minutes of Launch
Son Min
Summary
- James Seyffart, a Bloomberg ETF analyst, announced that the first Solana Staking ETF in the U.S. has been officially launched.
- He reported that the ETF showed robust trading as it recorded $8 million in transactions within 20 minutes of launch.
- This ETF is listed on the Chicago Board Options Exchange (CBOE).
It has been reported that the Solana (SOL) and staking (deposit) Exchange-Traded Funds (ETFs) from U.S. asset managers REX Shares and Osprey Funds recorded around $8 million in trades within just 20 minutes of their debut.
On the 2nd (local time), James Seyffart, a Bloomberg ETF analyst, announced via X (formerly Twitter), "The very first Solana spot staking ETF has been officially launched," and added, "It demonstrated strong activity with $8 million worth of trades occurring within 20 minutes of launch."
Meanwhile, the 'REX · Osprey Solana Staking ETF' listed on the Chicago Board Options Exchange (CBOE) is the first Solana ETF in the United States.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
