Adopting JitoSOL for yield provision, the first Solana Staking ETF in the United States, 'SSK', announced.

## Providing SOL yields with ETF

On July 24, it was announced that JitoSOL, which tokenizes Solana (SOL) with yield, will be officially adopted by the "REX-Osprey™ Solana + Staking ETF (SSK)" in collaboration with U.S. REX Shares (REX) and Osprey Funds (Osprey).

This integration allows SSK to provide Solana staking rewards through securities accounts while maintaining liquidity and transparency.

Improvement of liquidity and capital efficiency through JitoSOL integration

JitoSOL is developed by "Jito Labs" and is a liquid staking (LST) protocol on the Solana chain. The total value locked (TVL) exceeds 3 billion dollars, establishing its position as the largest LST within the Solana chain.

Source: Defi Llama

SSK aims to enhance transparency and capital efficiency as an ETF while maintaining the essence of participating in on-chain reward acquisition by incorporating JitoSOL into its portfolio.

Furthermore, staking is conducted directly on the Solana network, and 100% of the staking rewards are returned to the ETF shareholders. REX and Osprey do not retain any profits from this reward.

SSK, the only ETF in the US that supports Solana rewards

SSK is the only listed ETF in the United States that allows direct staking rewards from Solana. With the introduction of JitoSOL, investors can access Solana's native rewards from regulated brokerage firms without using wallets or DeFi platforms.

This ETF operates as the first physical Solana ETF approved on July 2, 2025, and according to "The Block," the cumulative trading volume is at least $222 million, with net assets exceeding $100 million.

In the United States, the cryptocurrency spot ETF has so far mainly focused on Bitcoin (BTC) and Ethereum (ETH) spot cases, but in the case of Solana, this fund is the first spot staking-enabled ETF, designed to allow for earning yields from the protocol in addition to price appreciation.

Thomas Um, Chief Business Officer of the Jito Foundation, stated, "The fact that JitoSOL has become the first liquid staking token to be incorporated into a U.S. ETF is a groundbreaking event not only for Jito but also for the future of staking assets in traditional financial products."

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