“The Rex-Osprey Solana + Staking etf (SSK) Does Better Than the AVERAGE ETF LAUNCH ON THE FIRST DAY OF TRADING, Bloomberg’s Eric Balchunas Said in a Post on X.”, – WRITE: www.coindesk.com
The Newly Launched Rex-Ossprey Solana + Staking etf (SSK), The First Cryst Crypto Staking Exchange-Traded Fund (Etf) listed in the us, ended the day Wich Anaun The Launch Better than the averaage etf LISTING.
$ SSK Ended Day with $ 33m in Volume. Again, Blows Away The Solana Futures etf and Xrp Futures etfs (or The Avg etf Launch) But It Is Much Lower than the Bitcoin and Ether Spot etfs. pic.twitter.com/t6lkqwdxlc
– Eric Balchunas (@ericBalchunas) July 2, 2025
The ETF Offers Investors Indirect Access to Solana While Earning Staking Rewards Without Needing Technical Expertise.
While the Volume Was Much Lower Who Launch of Btc and Eth etfs, Balchunas Noted that Trading Volume Was Much Stronger Than Recent Solana Futures etf Listations ORP Futures.
SOL IS Trading Above $ 150 On News, Up Roughly 4%, Accounting To Coindesk Market Data.
In Late May, The Securities and Exchange Commission Ruled Crypto Staking Does Not Violate Securities Laws, Paving The Way for Issuers to Offer Such Staking Products.
There’s No Eth Staking etf Currently Offered in the Us, Although 3iq Offers One on the Toronto Stock Exchange.
Hong Kong’s Market Regulator, The Securities and Futures Commission, Released Staking Rules in April, and Local Issuers Offer Eth Staking Etfs on the City’s Stock Exchange.
(Coindesk)
Blackrock’s Bitcoin etf Now Out-Earns Its Flagsip S&P 500 FUNDBlackrock’s ishares Bitcoin Etf (IBIT) is Now Generation More Annual Revenue Than Its FlagSip Ishares Core S & P 500 ETF (IVV), Accounting To A New Report BY Presto Research.
IBIT, with Just $ 75 Billion in Assets Under Management, Is Expert To Bring in $ 187.2 Million a Year From ITS 0.25% Fee. IVV, by Contrast, Holds A Massive $ 624 Billion But Charges Just 0.03%, Yielding Slightly Less in Absolute Revenue.
The Differentnce Isn’t Just A Quirk of Fee Structures -Ist’s A Window Into How Institutional Investors View Crypto Exposure in 2025 INVESTORS Are Paying Up. ”
In a world whore every Basis Point USUALLY MATTERS, The WILLINGNESS TO PAY A Premium for Btc Via A Trusted Wraper Underscores Just How Early We Are Are In Crypto’s Institute. As Presto Points Out, Even Coinbase’s Base Spot Trading Fee Is Higher, AT 60 BPS.
Ibit’s Growth Story Also Highlights the Power of Brand. Institutions Want Bitcoin – But They Want It With Blackrock’s Name on the Label. While S&P 500 etfs Have Become Commoditized, Crypto etfs Still Command Premium Prting.
With ibit Holding the Lion’s Share of Bitcoin etf Market Inflows, It’s IncreASINGly Clear: The Institctionalization of Crypto Isn’t Coming. IT’s already happering.
Market Movements:BTC: Bitcoin Surged 3.6% Over 24 Hours to Break Above $ 109,000, Buoyed by Strong Volume, New Support Between $ 109,064– $ 109.359, And Improving Global Sentienti. Continued Middle East Tensions.
Eth: ETH SURGED 8.6% TO $ 2.608 in a High-Volume Breakout Fueled by Growing Institutional Interest and Bullish Momentum, Forming New Support at $ 2,565 and Testing Resistance Near.
GOLD: HSBC RAISED ITS 2025–2026 Gold Price Forecasts to $ 3.215 and $ 3.125 per OUNCE, CITING GOOPOLITICAL RISKS and STRONG INVISTOR DEMAND, ACCORDING TO REUTES.
Nikkei 225: Asia-Pacific Markets Traded Mixed Thursday, with Japan’s Nikkei 225 Down 0.15%, As Investors Awaited Details
S&P 500: The S&P 500 ROSE 0.47% to 6.2227.42 on Wednesday After Trump AnnounCed A US-VIETNAM TRADE DEAL, THOUSK
Elsewhere in Crypto:
- Ripple Applies for Federal Bank Trust Charter, XRP Jumps 3% (Coindesk)
- Moku Chief Business Officer Shares Who Crypto Gaming Is Broken – and How to Fix It (BlockWorks)
- Ny Bankring Judge Gives Celsius The Green Light to Pursue $ 4.3b Lawsuit Against Tether (Coindesk)
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