The First Solana ETF Staking in the US Is Ready to Launch, What Are the Impacts?
The financial market in the United States will witness the launch of an innovative investment product this week, namely the first Solana (SOL) staking ETF offered by REX-Osprey.
This product not only offers exposure to Solana (SOL) but also allows investors to earn returns from staking activities directly on the blockchain.
REX-Osprey has announced the launch of the first Solana (SOL) staking ETF in the United States, which will begin on July 2.
The ETF, known as the REX-Osprey SOL + Staking ETF, marks a significant first step in providing financial products that combine exposure to crypto assets with the potential for passive income through staking.
Furthermore, this product uses a unique structure registered under the Investment Company Act of 1940 and operates through a C-corporation, allowing it to be launched without having to go through a 19b-4 filing.
This structure also avoids direct involvement with the SEC regarding staking law enforcement issues, which had previously hindered several pending spot ETF applications.