The REX-Osprey Solana Staking ETF (SSK) has crossed $250 million in assets under management (AUM) only two months after its debut. REX Shares, the issuer, confirmed in a post on X today, saying that it was reached as of September 11.
The fund was initially launched on July 2 2025, and it’s the first in the United States to combine spot Solana exposure with native on-chain staking rewards. This allowed investors to benefit from both price movements in Solana and staking yield, which is a multiple source of return in a regulated format.
REX Shares said this achievement was possible thanks to the support of early investors and noted that it aims to keep building innovative products like this for investors interested in digital assets.
“We are proud to announce that the REX-Osprey SOL + Staking ETF (SSK) has surpassed $250 million in AUM as of 9/11/2025 — just months after launching on July 2nd,” the company said in a post on X.
Meanwhile, the rapid success mirrors Solana’s strong performance in recent months. At the time of writing this report, Solana is trading at $240.18. This is an over 6% surge in 24 hours. Over the last week, the token has surged by 17.8% and has gained 20.7% in the past month.
Over a longer timeframe, Solana’s growth trajectory is even more pronounced, with a 76.71% increase over six months and a 27.16% gain year-to-date. Its price has risen 81.32% in the past year, and it is up nearly 493% since its inception.
SOL Derivatives and Interest Adds Momentum
The derivatives market has also added to Solana’s recent momentum. According to Coinglass, futures volume for Solana climbed to $30.85 billion in the past 24 hours, an increase of 13.86% from the previous day.
Open interest rose 7.45% to $16.89 billion, reflecting growing participation from leveraged traders and institutions. With 609.61 million tokens circulating, Solana remains one of the largest blockchain ecosystems by activity and trading volume.
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