The rejection of the U.S. Securities and Exchange Commission (SEC) for the ETF fund related to staking highlights regulatory uncertainty, according to a Ripple-backed repository.
The SEC objected to the staking process, questioning #Solana the listing of Osprey Funds and REX Financial regarding whether the Ethereum ETF can share rewards generated from staking with investors, highlighting the broader conflict between crypto-based practices and U.S. rules that still consider ETFs under old asset definitions. The publication regarding the SEC's response to the staking ETF shows regulatory uncertainty, says the Ripple-backed custodian. #Ripple
🇾🇪🇾🇪🇾🇪🇾🇪🇾🇪
