🚨 BREAKING: The REX‑Osprey SOL + Staking ETF is set to begin trading on Wednesday — officially launching the first-ever U.S. Solana ETF with on-chain staking built in 🔥
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🎯 What's in the ETF:
Exposure to SOL: Tracks Solana’s price performance
On‑chain staking yields: Job done—investors earn passive income from staking within the ETF
Approved via innovative C‑corp + Cayman structure—clearing the SEC’s “no further comments” stage
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🛠 Why it matters:
First-mover advantage: First U.S. staking-enabled ETF for a major altcoin — 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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🔮 What to watch:
SOL price reaction: A breakout above ~$158–160 could trigger more upside (FXStreet eyeing $168+)
Copy‑cat potential: If this goes well, expect Ethereum staking ETF and similar products to follow
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🎉 Binance Square TL;DR:
> 🟢 REX‑Osprey SOL‑ETF with staking goes live WEDNESDAY — first altcoin-based staking ETF in the U.S.
🏦 SEC gave its quiet nod—no more comments pending
🚀 Could spark a wave of altcoin staking ETFs
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