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šØ BREAKING: The REXāOsprey SOL + Staking ETF is set to begin trading on Wednesday ā officially launching the first-ever U.S. Solana ETF with on-chain staking built in š„
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šÆ What's in the ETF:
Exposure to SOL: Tracks Solanaās price performance
Onāchain staking yields: Job doneāinvestors earn passive income from staking within the ETF
Approved via innovative Cācorp + Cayman structureāclearing the SECās āÆāno further commentsā stage
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š Why it matters:
First-mover advantage: First U.S. staking-enabled ETF for a major altcoin ā a milestone for crypto ETFs
SEC comfort sign: Analysts say the green light from SEC hints at broader acceptance of staking-based ETFs
Crypto mainstreaming: Bridges institutional appetite for yield + diversified crypto exposure
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š® What to watch:
SOL price reaction: A breakout above ~$158ā160 could trigger more upside (FXStreet eyeing $168+)
Copyācat potential: If this goes well, expect Ethereum staking ETF and similar products to follow
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š Binance Square TL;DR:
> š¢ REXāOsprey SOLāETF with staking goes live WEDNESDAY ā first altcoin-based staking ETF in the U.S.
š¦ SEC gave its quiet nodāno more comments pending
š Could spark a wave of altcoin staking ETFs
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#CryptoNews #Solana #REXShares #Osprey #StakingETF
---
šÆ What's in the ETF:
Exposure to SOL: Tracks Solanaās price performance
Onāchain staking yields: Job doneāinvestors earn passive income from staking within the ETF
Approved via innovative Cācorp + Cayman structureāclearing the SECās āÆāno further commentsā stage
---
š Why it matters:
First-mover advantage: First U.S. staking-enabled ETF for a major altcoin ā a milestone for crypto ETFs
SEC comfort sign: Analysts say the green light from SEC hints at broader acceptance of staking-based ETFs
Crypto mainstreaming: Bridges institutional appetite for yield + diversified crypto exposure
---
š® What to watch:
SOL price reaction: A breakout above ~$158ā160 could trigger more upside (FXStreet eyeing $168+)
Copyācat potential: If this goes well, expect Ethereum staking ETF and similar products to follow
---
š Binance Square TL;DR:
> š¢ REXāOsprey SOLāETF with staking goes live WEDNESDAY ā first altcoin-based staking ETF in the U.S.
š¦ SEC gave its quiet nodāno more comments pending
š Could spark a wave of altcoin staking ETFs
---
#CryptoNews #Solana #REXShares #Osprey #StakingETF
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The legal battle between two Bitcoin ETF 'giants' ends after 2 years: Grayscale and Osprey silently reach an agreement
After more than two years of protracted litigation, the two digital asset managers Grayscale Investments and Osprey Funds have unexpectedly reached a settlement agreement. This is the latest development in the legal battle surrounding the marketing strategies and competitive products of Bitcoin ETFs, which has attracted significant attention in the cryptocurrency investment community.
āļø Two-year legal battle between Grayscale and Osprey
The lawsuit began in January 2023 when Osprey Funds, based in Fairfield, Connecticut, filed a lawsuit against Grayscale Investments, accusing the competitor of misleadingly promoting the process of converting the Bitcoin Trust (GBTC) to an ETF.
āļø Two-year legal battle between Grayscale and Osprey
The lawsuit began in January 2023 when Osprey Funds, based in Fairfield, Connecticut, filed a lawsuit against Grayscale Investments, accusing the competitor of misleadingly promoting the process of converting the Bitcoin Trust (GBTC) to an ETF.
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