Rex sharing was introduced in a Posts from July thirty first The Rex-Sosprey Sol + Staking ETF (SSK) will make its first month-to-month distribution on August 1, paying $0.12169 per share, passing 100% of the staking reward.

and 5,075,000 shares are unpaidthe preliminary cost totals round $618,000. The issuer described the occasion for the primary time when a US-listed ETF distributed crypto staking charges to shareholders, noting that the fund’s property had been actively staked and the distribution occurred month-to-month.

This cost formalizes the SSK design as a Solana car with regulated wrapper yields, changing the protocol’s reward into money flows that may be reserved, much like different ETF distributions.

The scale of future funds will range based mostly on staking yields, portfolio positioning, and customary fund mechanics.

As of July thirtieth, Farside buyers mentioned third-party knowledge confirmed a internet influx of $135.3 million. knowledge.

Context and Scale

SSK was launched on July 2nd and accrued $100 million underneath administration property Simply 12 days later. By design, SSK is the primary US registered Solana ETF to include on-chain staking rewards, exposing buyers to the exchange-selling format to the market value of SOL and the yield of its protocol.

Nevertheless, since SSK doesn’t instantly retain Spot Solana, this product shouldn’t be a normal SEC registered spot ETF construction. As a substitute, it offers SOL publicity primarily by means of different automobiles.

The fund’s disclosure reveals a multiline portfolio fastened by a place labelled “Solana” along with a 42.3% publicity to a 21-share Solana staking ETP, a small sleeve of “LSD Solana” and a money allocation to the US authorities’s first authorities obligations.

The debut stream is a milestone in stakes integration into mainstream fund plumbing.

For wealth managers, the pass-through strategy offers a standardized option to seize the staking economics of SOL with out having to construct Crypto infrastructure in-house. Within the ETF market, SSK’s Mechanics gives a template on how staking-enabled merchandise can mix yields with value exposures based mostly on US lists.

If investor curiosity and inflow proceed, the rhythm of SSK’s month-to-month distribution could be basic to how protocol-level rewards are transformed into money yields throughout crypto ETFs and form expectations for future staking-aware merchandise tied to different networks.

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