The Rex Shares Solana staking ETF (SSK) clocked a strong $33 million trading volume on the inaugural day, outperforming XRP futures ETF and SOL futures ETF, with assets under management (AUM) hitting $1 million. Bloomberg ETF strategist Eric Balchunas believes that the AUM could multiply ten times soon if SSK continues to drive similar interest
The post Solana Staking ETF Hits $33M Trading Volume on Day 1, Outperforms XRP and SOL Futures ETF appeared first on CoinGape.
Matthew Ruthven is a crypto journalist and blockchain strategist with a passion for exploring the intersection of technology, finance, and decentralized governance. With a background in software development and digital economics, he brings a technical yet accessible approach to analyzing the latest trends in cryptocurrency and Web3 innovation.