REX-Osprey SOL ETF Has Robust Begin, CME Futures OI Surges

The primary Solana staking ETF (exchange-traded fund) closed its debut buying and selling session yesterday with round $33 million buying and selling volumes and $12 million inflows, triggering a surge in CME futures demand.

“Wholesome begin to buying and selling for a brand new ETF with ~$8 million in buying and selling in first 20 min,” mentioned Bloomberg ETF analyst James Seyffart in a July 2 X publish whereas commenting on REX-Osprey Solana + Staking ETF’s debut efficiency. His colleague, Eric Balchunas, additionally mentioned that the ETF’s buying and selling volumes on its first day positioned it within the “high 1% for a brand new launch.”

REX-Osprey ETF “Blows Away” SOL And XRP Futures ETFs In First-Day Volumes

Balchunas went on to say that the REX-Osprey Solana ETF managed to publish first-day volumes a lot higher than these of futures ETFs for SOL and XRP.

$SSK ended day with $33m in quantity. Once more, blows away the Solana futures ETF and XRP futures ETFs (or the avg ETF launch) however it’s a lot decrease than the Bitcoin and Ether spot ETFs. pic.twitter.com/t6LkQwDXLc

— Eric Balchunas (@EricBalchunas) July 2, 2025

Regardless of outperforming SOL and XRP futures, the REX-Osprey fund nonetheless posted “a lot decrease” debut volumes than spot Bitcoin (BTC) and Ethereum (ETH) ETFs, in keeping with Balchunas.

US-listed spot Bitcoin ETFs recorded $4.6 billion value of quantity collectively after they began buying and selling in January final yr. 

Solana CME Futures See Report Demand

Following the launch of the REX-Osprey Solana ETF, SOL CME futures noticed “document demand,” a sign of rising institutional curiosity, in keeping with SolanaFloor. 

🚨JUST IN: Solana CME futures see document demand as open curiosity hits $167M. The surge follows the launch of the first-ever Solana staking ETF within the U.S., signaling rising institutional curiosity. pic.twitter.com/249YSMRmHz

— SolanaFloor (@SolanaFloor) July 2, 2025

In an X publish yesterday, SolanaFloor mentioned that open curiosity for SOL CME futures hit $167 million. 

The Solana worth reacted positively to the launch of the primary SOL staking ETF and the hovering CME futures demand, registering a greater than 4% acquire up to now 24 hours, CoinMarketCap information reveals. SOL traded at $155.43 as of two:34 a.m. EST, with its weekly acquire now standing at over 7% following the 24-hour uptick.

Regardless of the current enhance, the Solana worth remains to be down over 47% from its all-time excessive (ATH) of $294.33 that’s set on Jan. 19. 

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