๐จ SEC Raises Red Flag on Staked Crypto ETFs
๐ RexSharesโ attempt to launch the first staked Solana and Ethereum ETFs in the U.S. has hit a major hurdle.
๐ The SEC has issued a warning, stating these funds may not qualify as ETFs under current securities laws.
๐ This could set a precedent for how staked assets are treated in traditional finance โ and the industry is watching closely.