Solana ETF has exceeded $222 million in trading volume and a net inflow of $69.7 million within two weeks of its launch

According to The Block, the REX Osprey Solana ETF has exceeded $222 million in trading volume as of July 16 since its launch on July 2, with a net inflow of $69.7 million and only one day of fund outflow. This ETF innovatively integrates a staking mechanism, allowing SOL assets held to participate in network verification to earn additional returns, which is different from the pure holding mode of Bitcoin ETFs. REX Osprey has partnered with Anchorage Digital, the only federally licensed cryptocurrency bank in the United States, to be responsible for fund custody and on chain pledge management.