The United States Securities and Exchange Commission (SEC) is currently reviewing a proposal for an exchange-traded fund (ETF) that offers exposure to staking Ethereum and Solana. This ETF has been submitted by REX Shares and Osprey Funds, aimed at providing investors access to the yields from staking crypto assets. The SEC has expressed concerns regarding regulatory compliance and the legal classification of these products. Despite regulatory uncertainty, the prices of Ethereum and Solana show resilience.
However, regulatory challenges remain a major hurdle.
Dior