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The first ETF of Solana Staking (funded funds) closed its first negotiation session yesterday with around 33 million dollars in negotiation volumes and $ 12 million entries, triggering an increase in CME’s term demand.
“Healthy start to negotiate for a new ETF with around $ 8 million in exchange within the first 20 minutes,” said Bloomberg Etf James Seyffart analyst in a July 2 job While commenting on Rex-Osprey Solana + Staking ETF, the beginnings. His colleague, Eric Balchunas, too said The fact that the ETF trading volumes placed it in the “higher 1% for a new launch”.
Rex-Osprey Etf “Blows Away” Sol and XRP Futures ETF in the volumes of the first day
Balchunas continued saying that the Rex-Osprey Solana Etf managed to display volumes of the first day much higher than those of FNBs in the long term for soil and XRP.
$ Ssk Completed the day with $ 33 million in volume. Again, blows the ETFs in the long term Solana Futures ETF and XRP (or the AVG ETF launch), but it is much lower than the Bitcoin and Ether Spot ETF. pic.twitter.com/t6lkqwdxlc
– Eric Balchunas (@ericbalchunas) July 2, 2025
Despite the floor and XRP overperformance, the Rex-Osprey Fund still displayed “much lower” volumes than Bitcoin (BTC) and Ethereum (ETH) ETFS, according to Balchunas.
The Bitcoin Spotcoin FNB Bitcoin Bitcoin recorded a collective value of $ 4.6 billion when they started to negotiate in January from last year.
Solana CME Futures see record request
According to Solanafloor, after the launch of Rex-Osprey Solana ETF, Sol Cme Futures experienced a “record request”.
🚨Just in: Solana CME Futures see record request while open interests reach $ 167 million. The arrows follows the launch of the very first Stoking Solana ETF in the United States, reporting an increase in institutional interest. pic.twitter.com/249ysmrmhz
– Solanafloor (@Solanafloor) July 2, 2025
In a post X yesterday, Solanafloor said that the open interest in CME -soil term contracts had reached $ 167 million.
The Solana price reacted positively to the launch of the first ETF Sol Staking and the event of booming CME, recording a gain of more than 4% in the last 24 hours, Coinmarketcap data shows. Sol exchanged $ 155.43 at 2 h 34 hne, its weekly gain now located more than 7% after the 24 -hour increase.
Despite the recent increase, Solana’s price is still down more than 47% compared to its top of all time (ATH) of $ 294.33 which takes place on January 19.
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