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REX-Osprey Solana ETF “Healthy Start” Leads To Record Demand For SOL CME Futures
The first Solana staking ETF (exchange-traded fund) closed its debut trading session yesterday with around $33 million trading volumes and $12 million inflows, triggering a surge in CME futures demand.
The first Solana staking ETF (exchange-traded fund) closed its debut trading session yesterday with around $33 million trading volumes and $12 million inflows, triggering a surge in CME futures demand.“Healthy start to trading for a new ETF with ~$8 million in trading in first 20 min,” said Bloomberg ETF analyst James Seyffart in a July 2 X post while commenting on REX-Osprey Solana + Staking ETF’s debut performance. His colleague, Eric Balchunas, also said that the ETF’s trading volumes on its first day placed it in the “top 1% for a new launch.”
“Healthy start to trading for a new ETF with ~$8 million in trading in first 20 min,” said Bloomberg ETF analyst James Seyffart in a July 2 X post while commenting on REX-Osprey Solana + Staking ETF’s debut performance. His colleague, Eric Balchunas, also said that the ETF’s trading volumes on its first day placed it in the “top 1% for a new launch.”
REX-Osprey ETF “Blows Away” SOL And XRP Futures ETFs In First-Day VolumesBalchunas went on to say that the REX-Osprey Solana ETF managed to post first-day volumes much greater than those of futures ETFs for SOL and XRP.
Balchunas went on to say that the REX-Osprey Solana ETF managed to post first-day volumes much greater than those of futures ETFs for SOL and XRP.
$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
Despite outperforming SOL and XRP futures, the REX-Osprey fund still posted “much lower” debut volumes than spot Bitcoin (BTC) and Ethereum (ETH) ETFs, according to Balchunas.
Despite outperforming SOL and XRP futures, the REX-Osprey fund still posted “much lower” debut volumes than spot Bitcoin (BTC) and Ethereum (ETH) ETFs, according to Balchunas.US-listed spot Bitcoin ETFs recorded $4.6 billion worth of volume collectively when they started trading in January last year
US-listed spot Bitcoin ETFs recorded $4.6 billion worth of volume collectively when they started trading in January last year ## Solana CME Futures See Record Demand
Solana CME Futures See Record DemandFollowing the launch of the REX-Osprey Solana ETF, SOL CME futures saw “record demand,” an indication of rising institutional interest, according to SolanaFloor
Following the launch of the REX-Osprey Solana ETF, SOL CME futures saw “record demand,” an indication of rising institutional interest, according to SolanaFloor
🚨JUST IN: Solana CME futures see record demand as open interest hits $167M. The surge follows the launch of the first-ever Solana staking ETF in the U.S., signaling rising institutional interest. pic.twitter.com/249YSMRmHz
— SolanaFloor (@SolanaFloor) July 2, 2025
In an X post yesterday, SolanaFloor said that open interest for SOL CME futures hit $167 million
In an X post yesterday, SolanaFloor said that open interest for SOL CME futures hit $167 million The Solana price reacted positively to the launch of the first SOL staking ETF and the soaring CME futures demand, registering a more than 4% gain in the past 24 hours, CoinMarketCap data shows. SOL traded at $155.43 as of 2:34 a.m. EST, with its weekly gain now standing at over 7% following the 24-hour uptick.
The Solana price reacted positively to the launch of the first SOL staking ETF and the soaring CME futures demand, registering a more than 4% gain in the past 24 hours, CoinMarketCap data shows. SOL traded at $155.43 as of 2:34 a.m. EST, with its weekly gain now standing at over 7% following the 24-hour uptick.Despite the recent increase, the Solana price is still down over 47% from its all-time high (ATH) of $294.33 that is set on Jan. 19
Despite the recent increase, the Solana price is still down over 47% from its all-time high (ATH) of $294.33 that is set on Jan. 19 ### Related Articles:
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