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Solana jumped ahead of the first Sol ETF hitting the market this week


Solana

Jump nearly 5% Monday morning among the rumors that a Sol Staking Exchange-Trade fund (ETF) Rex Shares and Osprey Funds can start trading in the market once Wednesday.

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The token has fallen slightly, now trading nearly 2.3% in the past 24 hours at $ 157 at the time of press.

A spokesman for Osprey in CoinDesk has confirmed that “funds will be launched Wednesday,” compliance with a post To X’s automatic headline account “opened.”

Just last week, Rex Filed a letter with the Securities and Exchange Commission with (Sec) Asking if the comments were resolved for their filing. Later that day, the X manager posted on X that the ETF was “It’s close“Suggests that the SEC does not have additional comments.

The Rex-OSPREY Sol+Staking ETF will be the first of its type in the US which many gives are still awaiting approval for a Sol ETF area that is likely to include staking capabilities as well.



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