Historic Launch of 1st SOL ETF with STAKING ("dividends"!)TODAY, July 2nd!

Stand by for SSK! 12% staking income (est), plus the best Crypto "Blue Chip"

SSK—the REX-Osprey™ Solana + Staking ETF—officially launched today, July 2, 2025. It’s the first U.S.-listed ETF to offer both spot Solana (SOL) exposure and native staking rewards in a traditional brokerage account format.

(*please note: Nothing here is financial advice. Always consult your financial advisor first*)

The fund is designed to hold:

• ~80% of its assets in Solana, with about half of that directly staked

• Additional exposure through exchange-traded products and liquid staking tokens like JitoSOL

• All staking rewards passed directly to investors, with no cut taken by the fund managers

This marks a major milestone in bridging traditional finance with blockchain-native yield. If you're tracking staking yield ETFs or looking for crypto exposure with income potential, this one’s worth watching.

Let’s get into the details (*remember, nothing here is financial advice)

The REX-Osprey Solana and Staking ETF (ticker: SSK) is officially launching Wednesday, July 2, 2025. This marks the first U.S.-listed ETF to offer both direct exposure to Solana (SOL) and on-chain staking rewards—a major milestone for crypto asset management.

Here’s what makes it unique:

• 🪙 SOL price exposure: Tracks Solana’s market performance.

• 🌱 Staking yield: Allocates ~40% of assets to staking, passing rewards to investors.

• 🏛️ 1940 Act C-corp structure: Bypasses traditional SEC hurdles while maintaining regulatory compliance.

• 💰 Expense ratio: 0.75%, with staking income taxed at the fund level before distribution.

If you're looking to blend yield generation with regulated crypto exposure, this ETF could be a game-changer.

Will the staking income generate UBTI?

Great question—and one that’s especially relevant for tax-sensitive investors using IRAs or other tax-advantaged accounts.

The REX-Osprey Solana and Staking ETF (SSK) is structured as a C-Corporation under the Investment Company Act of 1940, which is key here. This structure means:

• 🧾 Staking income is taxed at the fund level, not passed through to shareholders as partnership income.

• ✅ No UBTI (Unrelated Business Taxable Income) is expected to be generated for shareholders—even if held in an IRA or other tax-deferred account2.

• 📦 The fund pays corporate taxes on staking rewards, and distributes post-tax income as dividends.

This setup is similar to how some commodity ETFs (like those holding futures) avoid passing through K-1s or UBTI by using a C-Corp wrapper. It’s a clever workaround that makes staking exposure more accessible to retirement accounts.

The introduction of tokenized stocks and the imminent launch of a staked spot ETF suggests that SOL could have a massive second leg higher, driven by the narrative that it is the best rail for the future of finance, which revolves around stablecoins.

Here’s a good overview: