U.S.-Based ETF Introduces JitoSOL Staking Asset, Marking a First in Cryptocurrency Funds
New U.S.-Based Crypto ETF Integrates Solana's Leading Liquid Staking Token
The REX-Osprey $SSK ETF has made a significant leap in the crypto investment landscape by integrating JitoSOL, making it the first U.S.-based crypto ETF to include a liquid staking asset. This move allows regulated investors to gain regulated, liquid, and seamless exposure to Solana staking rewards without the need for managing wallets, custody, or engaging directly in DeFi platforms.
The integration of JitoSOL, Solana's leading liquid staking token, enables the ETF to tokenize staked SOL, allowing holders to freely trade, transfer, or use it in DeFi while continuing to earn on-chain staking rewards.
Key benefits of this integration include:
- Access to native Solana staking rewards through a regulated U.S.-listed ETF. Previously, the ETF only offered exposure to spot SOL. With the addition of JitoSOL, real Solana staking yields are now available inside traditional brokerage accounts.
- Enhanced capital efficiency and liquidity. By holding JitoSOL, the ETF can keep assets liquid and tradable while still earning staking rewards, which are distributed monthly as dividends to investors. This solves redemption risks and yield access issues typical in staking.
- Bridging traditional finance and DeFi benefits. Investors get DeFi-like flexibility and on-chain yield without the operational complexities or risks of direct DeFi participation. The ETF structure handles staking, reward management, and token liquidity behind the scenes.
- Institutional adoption and confidence in liquid staking tokens. JitoSOL’s inclusion (0.33% of fund AUM at announcement) marks a maturation of the crypto ETF market and institutional flows toward Solana staking assets, indicating growth in regulated crypto yield products.
The SSK ETF offers daily liquidity, making it suitable for both long-term investors and active traders. Its structure ensures smoother redemptions while maintaining staking exposure under regulatory oversight. This all-around asset fills the gap between traditional and blockchain-based structures, catering to retail and institutional investors seeking efficient blockchain exposure through traditional investment vehicles.
The sharp expansion of the SSK ETF's assets indicates the interest of investors in crypto solutions that offer a regulated participation with on-chain involvement. The Chief Commercial Officer at the Jito Foundation, Thomas Uhm, referred to the move as the next evolution in crypto ETFs. The model avoids typical DeFi complexity while retaining core yield mechanics, such as on-chain staking through validators, ensuring transparency, and direct reward flows to shareholders without intermediary deductions. Staking is executed on-chain through validators, and all rewards, whether from SOL or JitoSOL, flow directly to shareholders. The SSK ETF's rebalancing or redeeming assets does not interrupt reward flows, maintaining the fund's efficiency and flexibility. Liquid staking tokens such as JitoSOL allow for the removal of staking lockups and enhancement of capital mobility.
- The REX-Osprey $SSK ETF, a crypto exchange-traded fund (ETF), has integrated JitoSOL, Solana's leading liquid staking token, allowing regulated investors to gain regulated, liquid, and seamless exposure to Solana staking rewards.
- With the addition of JitoSOL, the SSK ETF can tokenize staked SOL, offering investors DeFi-like flexibility and on-chain yield without the operational complexities or risks of direct DeFi participation.
- The integration of JitoSOL also enables enhanced capital efficiency and liquidity, as the ETF can keep assets liquid and tradable while still earning staking rewards, which are distributed monthly as dividends to investors.
- The SSK ETF's structure, which handles staking, reward management, and token liquidity behind the scenes, signifies a maturation of the crypto ETF market and institutional flows toward Solana staking assets in the realm of traditional finance (finance) and technology, offering investors an efficient blockchain (blockchain) exposure through traditional investment vehicles (investing).
