SSK – REX-Osprey™ Solana + Staking ETF offers now includes JitoSOL liquid staking rewards - marking a major milestone for crypto ETFs

REX-Osprey™, a strategic collaboration between REX Shares and Osprey Funds, today announced that JitoSOL, the leading liquid staking token on Solana, has been officially integrated into the portfolio of the REX-Osprey™ Solana + Staking ETF (SSK). This enhancement expands the ETF’s access to native staking rewards while seeking to preserve liquidity, transparency, and the convenience of trading through traditional brokerage accounts.

Since its historic launch on July 2nd, SSK has rapidly gained traction with investors and surpassed $100 million in assets under management (AUM), underscoring growing demand for cryptocurrency exposure through traditional investment accounts.

“With SSK, REX-Osprey was the first to introduce crypto staking rewards to a U.S. ETF,” said Greg King, CEO of REX Financial & Osprey Funds. “Now by integrating the capability for liquid staking through JitoSOL, we’re enhancing liquidity while continuing to deliver native Solana rewards within a U.S. ETF structure.”

JitoSOL enables liquid staking by tokenizing staked SOL, allowing it to remain tradeable while still earning on-chain rewards. By integrating JitoSOL into the portfolio, SSK attempts to enhance capital efficiency without compromising its core principles of transparency and native blockchain participation. All staking continues to occur directly on the Solana network, and—as with all staking in SSK—100% of rewards are passed through to shareholders, with neither REX nor Osprey retaining any portion.

“JitoSOL becoming the first liquid staking token included in a U.S. ETF is a landmark moment—not just for Jito, but for the future of staked assets in traditional financial products," said Thomas Uhm, Chief Commercial Officer of the Jito Foundation. “Liquid staking tokens like JitoSOL help solve critical challenges around yield optimization and redemption risk, while offering the liquidity, capital efficiency, and infrastructure compatibility ETF issuers need. This is a glimpse into the next era of on-chain financial products, where staked assets become accessible through familiar investment vehicles.”

SSK remains the only U.S.-listed ETF offering direct Solana exposure with protocol-level staking rewards. Now enhanced with JitoSOL, the fund gives investors regulated, brokerage-based access to native Solana rewards—without the need to manage wallets, custody, or navigate DeFi platforms.

About REX-Osprey

REX-Osprey is a joint initiative between REX Shares, a leader in thematic and alternative ETFs, and Osprey Funds, a digital asset specialist focused on crypto access and infrastructure. Together, REX-Osprey develops products that combine the integrity of traditional financial structures with the transformative potential of blockchain technology.

Important Risks

An investor should carefully consider the Fund’s investment objective, risks, charges, and expenses before investing. The Fund’s prospectus and summary prospectus contain this and other information about the REX Shares. To obtain the Fund’s prospectus and summary prospectus, call 1-844-802-4004. The Fund’s prospectus and summary prospectus should be read carefully before investing.

THE FUND, TRUST, ADVISER, AND SUB-ADVISER ARE NOT AFFILIATED WITH SOLANA OR ANY ENTITY PROVIDING VALIDATION OR STAKING SERVICES.

Crypto Asset Risk. The Fund holds SOL tokens, a crypto asset that is native to the Solana blockchain. Crypto assets are subject to extreme volatility, regulatory uncertainty, market manipulation, security risks, and technological changes. The value of the Fund will fluctuate with the price of SOL, which is influenced by a range of factors including adoption of the Solana network, network congestion, smart contract failures, validator misbehavior, and the emergence of competing platforms. Additionally, crypto asset exchanges and counterparties may be less regulated than traditional financial institutions, and are subject to fraud, hacking, and operational disruptions.

SOL Risk. The Fund’s investments in SOL and SOL futures contracts expose the Fund to the risks associated with an investment in SOL because the price of these derivatives is substantially based on the price of SOL. SOL is a relatively new innovation and is subject to unique and substantial risks. The market for SOL is subject to rapid price swings, changes and uncertainty.

Staking Risk. When the Fund stakes the Reference Asset, the Reference Asset is subject to the risks attendant to staking generally. Staking requires that the Fund lock up the staked Reference Asset for the period of time required by the staking protocol, meaning that the Fund cannot sell or transfer the staked Reference Asset, thereby making it illiquid for the period it is being staked. In addition, during the lock-up period, the Fund is subject to the market price volatility of the Reference Asset, and it may miss opportunities to sell the staked Reference Asset during opportune times. During the unstaking period, the Fund may miss out on earning opportunities because, in some cases, the staked Reference Asset may not earn rewards during the unstaking period or may only earn rewards during part of the unstaking period. Staked Reference Assets are also subject to security breaches, network downtime or attacks, smart contract vulnerabilities, and validator or custodian failure or compromise, which can result in a complete loss of the staked Reference Asset or a loss of any rewards.

Concentration Risk. The Fund’s assets will be concentrated in the sector or sectors or industry or group of industries that are assigned to the Reference Asset, which will subject the Fund to the risk that economic, political or other conditions that have a negative effect on those sectors and/or industries may negatively impact the Fund to a greater extent than if the Fund’s assets were invested in a wider variety of sectors or industries.

Liquidity Risk. The Fund may not be able to sell its crypto assets at the time or price it desires. Crypto asset markets may be less liquid than traditional securities markets and may be subject to significant price fluctuations.

New Fund Risk. The Fund is a newly organized investment company with no operating history. Investors have limited performance history to assess how the Fund will perform.

Counterparty Risk. The Fund may rely on staking infrastructure providers, custodians, and crypto exchanges to hold or interact with its SOL. These third parties may become insolvent, fail to safeguard assets, or be subject to regulatory action, leading to potential losses.

Smart Contract Risk. Certain staking activities or custodial processes may rely on smart contracts. These self-executing code structures are susceptible to bugs, hacking, or unintended behavior. Exploits in smart contracts could cause loss of assets or incorrect reward distribution.

Contango is when futures contracts trade at progressively higher prices the further out in time they are set to expire.

Staking Rewards are the incentives or payments earned by participants who commit (or "stake") their cryptocurrency tokens to help support the operations and security of a blockchain network, typically one that uses a Proof-of-Stake.

Distributor: Foreside Fund Services, LLC, member FINRA, not affiliated with REX Shares, Osprey Funds, or the Fund’s investment adviser.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250724059218/en/