Price Reacts as SEC Weighs Approval of Staking-Enabled ETF by REX and Osprey
Market Musing-g
Solana Price Reacts as SEC Weighs Approval of Staking-Enabled ETF by REX and Osprey
SOL
SEC
SEC
REX
XRX
ETF
ETF
ETF
ETF
ETHNews
By ETHNews
5 minutes ago
•
5 mins read
Solana Price Reacts as SEC Weighs Approval of Staking-Enabled ETF by REX and Osprey
SEC may approve first U.S. Solana ETF with staking, filed by REX Financial and Osprey Funds this week.
ETF would offer SOL exposure plus staking rewards, combining token performance and yield in a regulated investment product.
A new exchange-traded fund (ETF) based on Solana (SOL) could be approved in the United States within days. The proposal, submitted by REX Financial and Osprey Funds, is under review by the U.S. Securities and Exchange Commission (SEC). If approved, it would become the first ETF in the country to include a staking feature for a digital asset.
James Seyffart, an analyst at Bloomberg Intelligence, stated that the Solana ETF “could launch this week.” The comment referred to the timeline for the SEC’s response to the filing. The proposal aims to offer institutional and retail investors direct exposure to the performance of SOL, with the added option of staking, a method that enables parti
#solana #lunchpool
