Solana Spot ETF Launching July 2 2025 With On Chain Staking

In a significant development for the cryptocurrency market, a new Solana ($SOL) spot ETF from REX Shares and Osprey Funds is set to begin trading on July 2, 2025. This ETF, expected to list under the ticker $SSK, introduces a novel feature: on-chain staking, allowing investors to earn staking yields in addition to potential price appreciation of Solana. This marks the first time a spot crypto ETF in the U.S. will offer such a feature, setting a new standard for digital asset investment vehicles.

The ETF is structured under the Investment Company Act of 1940, which enables it to bypass the lengthy 19b-4 approval process typically required for crypto ETFs. This regulatory framework not only accelerates the launch timeline but also positions the fund within a more traditional and regulated investment landscape, potentially attracting conservative institutional investors.

The launch of this ETF comes at a pivotal moment for Solana, following a recent rally in the altcoin market. The timing is strategic, as it capitalizes on the growing interest and momentum surrounding Solana. The introduction of staking rewards is expected to be a major draw for investors, as it provides an additional layer of passive income on top of any potential price gains. This feature was notably absent from the first wave of Ethereum ETFs, making the Solana ETF a more attractive option for those seeking both capital appreciation and yield.

As of the latest trading data, Solana is showing strong bullish momentum, with the token trading at $155.88. Earlier in the day, it hovered near $141.66 before pushing higher, with a key breakout occurring above $160. The volume surged 133.73% over the past 24 hours, reaching $4.75 billion, indicating robust market participation. Support levels are identified at $141.66 and $150.00, while resistance is clearly visible at the $160.00 mark. If Solana manages to break above $160 with sustained volume, further upside could follow quickly.

Technical indicators also support the bullish outlook. The MACD has turned bullish, with the MACD line rising above the signal line. The RSI stands at a healthy 55.75, well below overbought territory, suggesting there is room for further gains if the momentum continues. This technical strength, combined with the launch of the new ETF, positions Solana for a potential price surge in the coming days.