#REX-OSPREYSolanaETF

🚀 Timeline & Development

1. Jan 21, 2025: REX Advisers (REXShares) and Osprey Funds submitted filings with the SEC for a suite of crypto ETFs—including spot SOL and a SOL + Staking ETF—alongside ETH, BTC, XRP, DOGE, BONK, and TRUMP .

2. Late May 2025: The SEC flagged their staking ETF proposals (both SOL and ETH), expressing concerns over whether the unique C‑corp structure and staking yield components meet legal definitions for ETFs under the Investment Company Act and Rule 6c‑11 .

3. June 28, 2025: Those concerns were resolved. REX announced that the Solana and Ethereum staking ETFs are cleared by the SEC and are ready to launch .

4. June 30, 2025: The first-ever U.S. Solana Staking ETF, issued jointly by REX and Osprey, officially launched. It offers spot SOL exposure plus on‑chain staking rewards, using a 1940‑Act C‑corp model to bypass traditional SEC hurdles .$SOL