Rex Shares clarifies: Investing in SSK is not equivalent to investing directly in Solana, and the current management fee rate is 0.75%


first collateralized Solana exchange-traded fund under Rex Shares, REX-Osprey™ SOL + Staking ETF (SSK), was officially listed for trading on the Cboe BZX exchange yesterday. The company officially clarified that investing in SSK is not the same as directly investing in Solana. In addition, Rex Shares disclosed that the current management fee rate for SSK is 0.75%, the annual fund total operating expense ratio is 1.40%, which includes a 0.65% estimated current and deferred income tax rate in addition to the management fee rate mentioned above. As of July 1st, the SSK fund assets under management were $623,500.00.