Solana Staking ETF：機構加密的新時代？

第一個Solana Staking ETF（SSK）的推出標誌著一個轉折點，表明儘管有監管障礙，但在索拉納和堆積獎勵中的機構興趣日益增長。

Solana Staking ETF: A New Era for Institutional Crypto?

Solana Staking ETF：機構加密的新時代？

The financial world buzzed on a Wednesday in July 2025: the first crypto staking ETF, focused on Solana, hit the U.S. markets. The REX-Osprey Solana Staking ETF (SSK) made a splash, raking in $12 million on its first day. Is this the beginning of a beautiful friendship between Wall Street and Solana?

金融界在2025年7月的一個星期三嗡嗡作響：第一個以Solana為本的加密貨幣ETF襲擊了美國市場。雷克斯·霍斯特里·索拉納（Rex-Osprey Solana）Staking ETF（SSK）散發出了轟動，第一天賺了1200萬美元。這是華爾街和索拉納之間美麗友誼的開始嗎？

SSK's Impressive Debut

SSK令人印象深刻的處女作

SSK's launch wasn't just good; it was remarkable. Trading volume soared to $33 million on its debut on the Cboe BZX Exchange. Bloomberg ETF analyst Eric Balchunas noted it was a "top 1%" launch, with significant trading activity right out of the gate. This ETF gives investors exposure to Solana and staking yields without the techy stuff. It's like having your cake and eating it too – earning staking rewards without needing to be a crypto whiz.

SSK的發布不僅僅是不錯的；這很了不起。在CBOE BZX交易所首次亮相時，交易量飆升至3300萬美元。彭博ETF分析師埃里克·巴爾庫納斯（Eric Balchunas）指出，這是一個“最高1％”的發射，在大門中有重大的交易活動。該ETF使投資者接觸Solana，而在沒有技術的情況下，投資者的產量。這就像吃蛋糕也吃了 - 在不需要成為加密貨幣的情況下獲得了珍貴的獎勵。

Overcoming Regulatory Roadblocks

克服監管障礙

It wasn't all smooth sailing. The SEC initially raised concerns about whether the product qualified as an “investment company.” REX-Osprey navigated this by investing at least 40% of its assets in other exchange-traded products, many based outside the U.S. This workaround, described as a “regulatory end-around,” allowed the fund to operate under the Investment Company Act 1940. This innovative structure distinguishes it from standard crypto ETF proposals awaiting SEC approval.

並不是全部順利航行。 SEC最初引起了人們對產品是否資格作為“投資公司”的擔憂。雷克斯·蘇格里（Rex-Ossrey）通過將其至少40％的資產投資於其他交易所買賣產品（許多基於美國以外的人），這項解決方法被稱為“最終的監管最終”，允許該基金根據1940年的《投資公司法》進行運營。這種創新的結構將其與標準的Crypto ETF提案區分開來。

Solana's Market Reaction

索拉納的市場反應

The market responded modestly, with Solana (SOL) prices rising about 4% to over $150 following the ETF launch. SOL has seen a 3.6% gain over the past 24 hours, even though this trails most other high-cap altcoins. The ETF's launch also fueled record demand for Solana CME futures, with open interest reaching $167 million, hinting at growing institutional interest.

市場的反應恰當，索拉納（SOL）價格上漲了約4％，超過150美元。在過去的24小時內，Sol的增長率為3.6％，即使這會導致大多數其他高股山頂山脈。 ETF的發布還促進了對Solana CME期貨的創紀錄需求，開放興趣達到1.67億美元，暗示了機構利益的日益增長。

The Bigger Picture: Solana's Staying Power

大局：索拉納的持久力

While Bitcoin remains king, Solana, along with coins like Algorand and Remittix, are showing they're more than just speculative plays. Solana's high-speed, low-cost blockchain is attracting DeFi traders, NFT developers, and even big institutions. Banks like HSBC and Bank of America are testing Solana's tech for tokenized real-world assets, which is a pretty big deal. Despite price fluctuations, institutions continue to invest heavily in Solana's ecosystem, showing long-term confidence in its technology.

雖然比特幣仍然是國王，但索拉納（Solana）以及阿爾戈蘭（Algorand）和雷諾（Remittix）等硬幣不僅表明它們不僅僅是投機性的戲劇。 Solana的高速，低成本區塊鏈吸引了Defi交易者，NFT開發人員，甚至是大型機構。匯豐銀行和美國銀行等銀行正在為Solana的技術測試用於代幣化的現實世界資產，這很重要。儘管價格波動，但機構仍在Solana的生態系統上投入大量投資，表現出對其技術的長期信心。

Future Outlook: Spot Solana ETFs on the Horizon?

未來前景：地平線上的solana etf？

Bloomberg analysts are pretty optimistic, giving a 95% probability that spot Solana ETFs will get the green light by the end of 2025. Anchorage Digital, the staking and custodian partner for the REX-Osprey ETF, called the launch “a defining moment for digital assets.”

彭博分析師非常樂觀，這給出了95％的概率，即在2025年底將Solana ETF置於綠燈。 AnchorageDigital，Rex-Ossrey ETF的Staking and Custodian合作夥伴，稱其為“數字資產的決定性時刻”。

Final Thoughts

最後的想法

The launch of the Solana staking ETF is a milestone, signaling growing acceptance and interest in Solana from institutional investors. While regulatory hurdles remain, the innovative structure of SSK and the increasing demand for Solana-based financial products point to a bright future. Who knows, maybe Solana will soon be a household name, right up there with Bitcoin and Ethereum. One thing's for sure: the crypto world is never boring!

Solana Staking ETF的推出是一個里程碑，這表明了機構投資者對Solana的興趣日益增長。儘管保留監管障礙，但SSK的創新結構和對基於Solana的金融產品的需求不斷增長，這表明了光明的未來。誰知道，也許Solana很快就會成為家喻戶曉的名字，並在那裡有比特幣和以太坊。可以肯定的是：加密世界永遠不會無聊！