#SECETFApproval

The SEC approved the first U.S. staking ETF tied to Solana—the REX‑Osprey Sol + Staking ETF (SSK)—via a custodian structure that avoids spot‑commodity rules .

It also approved converting Grayscale’s Digital Large Cap Fund (GDLC)—a multi‑asset crypto fund (containing BTC, ETH, SOL, XRP, ADA; ~80% Bitcoin)—from an open‑ended fund to an ETF .