Solana News Today: REX Shares Solana ETF to Pay 12.17 Payout Per Share on August 1

REX Shares' REX-Osprey SOL + Staking ETF (SSK) will make its first monthly distribution on August 1, 2025, with a payout of $0.12169 per share, according to an announcement on July 31. This will translate into a total distribution of approximately $618,000, based on 5,075,000 shares outstanding. The ETF is designed to pass through 100% of its staking rewards to shareholders, marking a milestone as the first U.S.-listed ETF to distribute crypto staking rewards directly to investors [1].

The structure of SSK allows investors to gain exposure to the price of Solana (SOL) and simultaneously benefit from the network's staking yields. The fund is not a traditional spot ETF but instead uses a combination of Solana-related assets, including a 42.3% allocation to the 21Shares Solana Staking ETP, alongside a small exposure to LSD Solana and cash-like instruments. The monthly distribution model aims to provide a recurring income stream while also reflecting the performance of the underlying Solana ecosystem [1].

This development is notable in the context of broader growth in the crypto ETF market, particularly as products that offer yield components gain traction among both institutional and retail investors. The first payout of SSK highlights the potential for staking-based ETFs to become a standard offering in the crypto investment landscape. The fund, launched on July 2, has already attracted over $100 million in assets under management within just 12 trading days [1].

Third-party data as of July 30 show that SSK has received $135.3 million in net inflows, indicating strong investor interest [1]. This momentum suggests that the product may serve as a benchmark for how staking rewards can be integrated into traditional investment vehicles. As the market continues to evolve, the performance of SSK could influence the design of future crypto ETFs, particularly those tied to other blockchain networks [1].

For wealth managers, the pass-through of staking rewards offers a standardized and accessible way to participate in the yield generation mechanisms of Solana without requiring in-house crypto infrastructure. This model also provides a regulated framework for capturing protocol-level returns, which could be attractive to a wider range of investors [1].

If investor demand remains strong and inflows continue, the monthly distributions from SSK could become a key indicator of how staking-enabled crypto ETFs perform and how they might shape investor expectations for future products. The success of this model will depend on the continued growth of the Solana network, the stability of staking yields, and broader regulatory clarity in the U.S. market [1].

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[1] REX Shares' Solana ETF to payout over over $600k in first ... (https://cryptoslate.com/rex-shares-solana-etf-to-payout-over-over-600k-in-first-staking-based-dividend-on-aug-1/)