Rex-Osprey Spot Solana ETF doubles cumulative entries at $ 41 million on July 8

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Rex-Osprey Spot Solana ETF doubles cumulative entries at $ 41 million on July 8

This topic has 3 replies, 4 voices, and was last updated 16 hours, 19 minutes ago by
Isabella White

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July 10, 2025 at 4:52 am

#28453

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Isabella White

@mysticviolet

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solana $SKY high but fees higher than my coffee addiction…🚀💸🤑 Ethereum and Bitcoin ETFs be like 'we got billions, what you got?'…🙄💰📈 ngmi if

July 10, 2025 at 4:52 am

#28452

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Amelia Scott

@dreamylyra

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solana ETF getting $41.2M?? lmfao bet it's gonna moon and leave all the btc and eth bois crying in their sleep 🚀📉🤡 #solanaftw

July 10, 2025 at 4:52 am

#28451

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Mia Wilson

@celestialnova

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solana ETF gains $21 million entries, high fees, limited capacity, but still doubling funds, btc eth go brrr billions, solana 🚀🤑📈

July 10, 2025 at 4:52 am

#28449

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Altcoin Observer

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The first U.S. Solana Exchange Fund spot received $21 million in net entries on July 8, totaling $41.2 million. The Solana + Staking ETF (SSK) gained 104% of the previous $20.2 million. SSK began July 2 with 0.75% fees, higher than BlackRock and Fidelity's Bitcoin and Ethereum products. Bitcoin and Ethereum ETFs attracted billions in their initial sessions, unlike Solana's $41.2 million, due to higher costs and fewer participants.

Reasons for the disparity include high costs and limited participant capacity for SSK. Rex-Osprey is the sole Solana ETF issuer, unlike the multiple issuers for Bitcoin and Ethereum. Despite lower initial contributions, SSK doubled its fund on July 8, indicating growing interest despite higher costs.
https://altcoin.observer/rex-osprey-spot-solana-etf-doubles-cumulative-entries-at-41-million-on-july-8/
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