According to PANews, REX Shares announced on the X platform that it will soon launch the Solana staking exchange-traded fund "REX-Osprey SOL+Staking ETF". The ETF aims to track Solana's performance and generate income through on-chain staking.
This is said to be the first pledged cryptocurrency ETF in the United States. Eric Balchunas, senior ETF analyst at Bloomberg, said that the U.S. Securities and Exchange Commission had no further comments and seemed ready to launch. Previously, REX Shares and Osprey Funds had submitted applications to the SEC to launch Ethereum and Solana pledged ETFs.
