#Solana Staking ETF Impact of REX Osprey Solana Staking ETF on SOL Price and Trading Strategies
The launch of the REX Osprey Solana Staking ETF SSK marks a significant milestone as the first U.S. listed ETF offering both spot Solana exposure and staking rewards.
This innovative product could trigger short term price movements for SOL though its sustainability depends on several factors.
Short Term Price Outlook
SOL initially rallied 5-7% following the ETF announcement briefly touching $161 before settling around $157.
Historical patterns suggest such events often create temporary bullish