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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget donates HK$12 million to support fire rescue and reconstruction efforts in Tai Po, Hong Kong
Bitget Spot Margin Announcement on Suspension of ELX/USDT Margin Trading Services
Enjoy perks for new grid traders and receive dual rewards totaling 150 USDT
Bitget Spot Margin Announcement on Suspension of BEAM/USDT, ZEREBRO/USDT, AVAIL/USDT, HIPPO/USDT, ORBS/USDT Margin Trading Services