The ETF scene just got a new twist, this time, with staking involved.
Anchorage Digital, the federally chartered digital asset bank, has been tapped as the exclusive custodian and staking provider for the REX-Osprey Solana + Staking ETF.
This isn't your average spot ETF.
It's the first of its kind in the U.S. to mix direct SOL exposure with staking rewards, all within a regulated wrapper built on the Investment Company Act of 1940.
A different breed of crypto ETF
Unlike the more familiar 1933 Act ETFs that brought Bitcoin and Ethereum to Wall Street in early 2024, this Solana-based fund operates under stricter 1940 Act rules.
That means it’s got to follow higher standards for investor protection, including mandatory asset custody by a qualified institution.
And Anchorage Digital is currently the only federally regulated bank that can both hold and stake digital assets, so it checks all the boxes.
The ETF passes along staking rewards earned from its SOL holdings to investors. So instead of just tracking Solana’s price, the fund is also putting those tokens to work.
REX Shares and Osprey Funds, the ETF’s backers, filed the fund with the SEC earlier this year alongside a similar product for Ethereum.
Both aim to mix yield generation with crypto exposure, using a C-corporation structure and a 0.75% management fee (not counting tax implications).
Anchorage ramps up institutional playbook
With this move, Anchorage isn’t just holding keys, it’s helping unlock the next evolution in crypto investment products.
The firm provides end-to-end custody and staking via validator partners, creating a streamlined setup for asset managers looking to tap into staking yields inside a compliant structure.
Greg King, CEO of REX Shares, described the product as a step forward for crypto ETFs, one that combines yield with regulatory guardrails.
Anchorage CEO Nathan McCauley added that staking is now “the next chapter” for crypto ETFs, particularly for institutions that want more than just price exposure.
