Staking Sentiment Slips: REX-Osprey’s SOL ETF Sees Outflow as Token Retreat Deepens
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The REX-Osprey SOL + Staking ETF, ticker SSK, logged a notable single-day outflow of $988,195 on January 23, 2026, trimming risk exposure just as sentiment around Solana cools. With assets under management now at roughly $160.1 million, the latest redemption represents about 0.62% of the fund’s capital—modest in scale but meaningful as a directional signal from investors after a sharp pullback in the underlying token.
The related asset, SOL-USD, is currently trading around $123.72, capping a difficult three-month stretch in which the token has fallen approximately 38%. The drawdown follows a period of intense volatility across major altcoins, as traders rotate toward more established names and shorten duration on higher-risk, staking-oriented exposures. Technically, Solana’s near-term backdrop remains cautious, with a 1-day signal flashing Sell, underscoring the pressure on price momentum.
For SSK, the latest outflow suggests some investors are choosing to lock in prior gains or limit downside amid uncertainty over the next leg for Solana and broader crypto markets. While the redemption is far from a run on the fund, it aligns with a wider pattern of choppy flows into altcoin-focused products as market participants reassess risk after a steep three-month slide.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.