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Rex Shares clarifies: Investing in SSK is not the same as directly investing in Solana, the current management fee rate is 0.75%.
According to Jinse Finance, the first staking-based Solana exchange-traded fund REX-Osprey™ SOL + Staking ETF (SSK) under Rex Shares was officially listed and traded on the Cboe BZX exchange yesterday. The company clarified that investing in SSK is not equivalent to directly investing in Solana. In addition, Rex Shares disclosed that the current management fee rate for SSK is 0.75%, with an annual total fund operating expense ratio of 1.40%, which includes an additional 0.65% expected current and deferred income tax rate. As of July 1, the assets under management of the SSK fund amounted to $623,500.00.