REX-Osprey Solana ETF Surpasses $100 Million AUM Following JitoSOL Integration

Miami, Florida – The REX-Osprey™ Solana + Staking ETF (SSK) has rapidly exceeded $100 million in assets under management (AUM) since its launch, a significant milestone further bolstered by its integration of JitoSOL liquid staking. This development marks the first time a liquid staking token has been included in a U.S. exchange-traded fund, offering investors direct exposure to Solana's staking rewards while maintaining liquidity. The ETF's success underscores a growing institutional appetite for cryptocurrency products accessible through traditional investment channels.

The integration of JitoSOL allows SSK to enhance capital efficiency and pass 100% of native staking rewards directly to shareholders, as confirmed by REX-Osprey. Thomas Uhm, Chief Commercial Officer of the Jito Foundation, highlighted the importance of this move, stating, "JitoSOL becoming the first liquid staking token included in a U.S. ETF is a landmark moment—not just for Jito, but for the future of staked assets in traditional financial products." He emphasized that liquid staking tokens address critical challenges in yield optimization and redemption risk, providing the liquidity and infrastructure compatibility required by ETF issuers.

Prominent industry figure Kyle Samani, co-founder of Multicoin Capital and Chairman of Forward Industries, commented on the evolving landscape, tweeting, "> jitoSOL ETFs are coming!" Samani has been a vocal proponent of Solana-based financial products, predicting that Solana ETFs with staking capabilities would gain significant traction in 2025. His firm, Multicoin Capital, has been an early and major investor in the Solana ecosystem, advocating for its potential to revolutionize capital markets.

JitoSOL is a liquid staking token on the Solana blockchain that allows users to stake their SOL tokens and receive JitoSOL in return. This token accrues value from both traditional staking rewards and Maximal Extractable Value (MEV) captured on the Solana network, offering enhanced yields. The ability to use JitoSOL in various DeFi protocols while earning staking rewards provides a unique advantage over traditional locked staking.

The success of SSK and the broader discussion around Solana ETFs reflect a significant shift in how institutional investors are engaging with digital assets. Analysts anticipate further approvals for Solana ETFs, which could channel substantial capital into the ecosystem. This trend, combined with the innovative yield mechanisms of liquid staking tokens like JitoSOL, positions Solana as a key player in the convergence of traditional finance and decentralized technology.