Rex Shares and Osprey Funds have selected Anchorage Digital as the exclusive and socio-stagnated custodian for their newly released Rex-Osprey Solana + ETF in bets (SSK)The first recorded background in the stock market (ETF) List in the United States
The fund, which offers investors exposure to Solana
While generating rethinking rethinks, he began to quote Wednesday at the exchange of CBOE on Wednesday at $ 25.47 per share.
Unlike the existing ETF Spot Bitcoin and Ethereum, which are found in different regulatory frameworks, SSK is registered in the 1940 investment company law. That means that a qualified custodian, not the issuer of the fund, must have the underlying assets. Anchorage Digital, currently the only bank regulated by the federal government authorized for both custody and digital stake assets, will play that role.
“Reflecting is the next chapter in the story of Crypto ETF,” said Nathan McCauley, CEO and co -founder of Anchorage Digital, in a launch. “The launch of Crypto Staink ETFS marks a victory for consumers and a significant step in full access to the cryptographic ecosystem.”
The ETF provides investors indirect exhibitions to Solana while participating in the Blockchain betting mechanism, which provides additional performance by helping to ensure the network. Bet allows the headlines of certain cryptocurrencies to obtain rewards when blocking their tokens on the network, a process that previously required technical knowledge and direct interaction with cryptographic protocols.
When packing in an ETF structure, Rex shares and Osprey suggests that this process is accessible to a broader range of investors through traditional brokerage accounts.
Sol is higher by 2% in the last 24 hours to $ 150.
The launch of SSK is produced as the Cripto ETF market continues to evolve beyond Bitcoin and Ether, with emitters that explore new ways of carrying products based on blockchain to regulated exchanges. The Introduction of RESANCE ETF marks a new phase for the industry, combining income -generating characteristics with exposure to digital assets, all within a regulated investment vehicle to the SEC.
