The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
This summary text is fully AI-generated and may therefore contain errors or be incomplete.
This summary text is fully AI-generated and may therefore contain errors or be incomplete.
The REX-Osprey Solana staking ETF (SSK) has surpassed $200 million in cumulative flows, marking a significant milestone amid Solana’s strong price performance. This surge follows initial institutional hesitation and reflects growing corporate treasury strategies embracing SOL. The fund’s success coincides with Solana’s DeFi ecosystem crossing $13 billion in total value locked.
- Solana ETPs saw $177 million in inflows during August 25-29, the largest altcoin flow excluding Ethereum
- Major firms including Galaxy Digital and Multicoin Capital are pursuing a $1 billion Solana treasury through public company vehicles
- Solana's DeFi ecosystem crossed $13 billion in total value locked for the first time on September 12
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