REX Shares: Solana Staking ETF Coming Soon

REX Shares announced on platform X that the Solana staking ETF "REX-Osprey SOL+Staking ETF" is coming soon. This ETF aims to track Solana's performance while generating income through on-chain staking. It is claimed to be the first staking cryptocurrency ETF in the United States. Additionally, Bloomberg senior ETF analyst Eric Balchunas revealed on platform X that the U.S. Securities and Exchange Commission has indicated no further comments, suggesting they are ready to launch.

Previously, the U.S. Securities and Exchange Commission (SEC) warned REX Shares and Osprey Funds that their proposed staking Ethereum and Solana ETFs may not meet the definition of an "investment company" under the Investment Company Act and fail to comply with legal requirements for ETFs. $SOL