📢 REX & Osprey Apply for First $SOL ETF in the U.S. — What It Means for Solana
A major development in the crypto space: REX Shares and Osprey Funds have filed to launch the first-ever Solana ($SOL) ETF in the United States. This comes shortly after the approval of several Ethereum-related products, signaling a broader shift toward altcoin-based financial instruments.
Here’s why this matters:
✅ Institutional access to Solana could boost long-term demand
✅ Legitimizes $SOL in traditional financial markets
✅ May spark bullish sentiment if SEC approves it
Solana’s price briefly spiked on the news, and analysts suggest that ETF anticipation may support future rallies.
📊 Follow the $SOL chart and news updates to stay ahead of ETF-driven momentum.