Here's When Groundbreaking Solana ETF Is Set to Launch

UToday

2025-06-30 16:04:26

SOL-2,34%

A Solana (SOL) from REX Shares that enables on‑chain staking is set to go live on June 2, according to CEO Greg King.

The launch does not necessarily come as a surprise. In May, King told Bloomberg that the firm intended to go live with the staking-enabled product by mid-July

Earlier this month, REX Shares filed an updated prospectus with the SEC, and the lack of further comments from the agency indicated that the product was effectively ready for launch

It is worth noting that the ETF product aims to stake at least 50% of the underlying asset

SOL is currently trading at $158.92, according to data provided by CoinGecko, surging by more than 5%

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