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The Trading Volume of Solana ETF reached 222 million dollars since its launch.
The Solana ETF officially launched on July 2, recording over 222 million USD in trading volume as of July 16. The fund attracted 69.7 million USD in net inflows, with only one day of outflows, indicating strong interest from investors despite a management fee of 0.75%.
REX-Osprey Solana ETF stands out with its integrated staking mechanism, allowing the fund to stake SOL to earn network rewards, generating additional yields apart from price appreciation. This marks a significant evolution in the structure of cryptocurrency ETF funds, differing from traditional Bitcoin funds.
The successful launch also reflects the increasing regulatory compliance in the cryptocurrency sector, with the collaboration between REX-Osprey and Anchorage Digital to manage custody and staking for the fund.