!The first staking ETF for Solana is coming to the U.S.! 🚀
Attention! REX Shares is about to launch a Solana staking ETF that promises to change the game: the "REX-Osprey SOL+Staking ETF".
This innovative fund not only seeks to replicate the performance of $SOL Solana (SOL), but it will also generate additional returns through staking directly on the chain. What's the big news? It will be the first cryptocurrency ETF with staking in the United States!
According to Eric Balchunas, senior ETF analyst at Bloomberg, the U.S. Securities and Exchange Commission (SEC) has given the green light, indicating that they have no further objections and that the launch is ready.
It's worth remembering that the SEC had previously expressed concern about the proposed staking ETFs for $ETH Ethereum and Solana by REX Shares and Osprey Funds. Their main concern was whether these funds would fit the legal definition of "investment company" under the Investment Company Act. However, it seems those doubts have been resolved, paving the way for this exciting launch!
