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BIG NEWS: @REXShares just filed an effective prospectus for Solana and Ethereum staking ETFs to list here in the US. Don’t know launch date but could be within the next few weeks. These are 40-act funds with a unique structure and do not go through the 19b-4 process

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The SEC sent a letter seemingly looking to stop those staked ETH and SOL ETFs. Will be an interesting saga to watch in coming days and weeks. Great reporting from @isabelletanlee and team below: https://www.bloomberg.com/news/articles/2025-05-31/us-regulators-say-two-crypto-vehicles-may-not-qualify-as-etfs?sref=j5fwnYfu

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Great article from @isabelletanlee on the new Solana and Ethereum staking ETF filings: “Greg King, founder and chief executive officer of REX Financial, said the company is targeting a launch by mid-June for both” https://www.bloomberg.com/news/articles/2025-05-30/next-gen-crypto-funds-that-offer-rewards-beckon-after-sec-signal

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Is there a better place to grab a beer on a new all time high day than @PubKey? I submit that there is not

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DELAYS on Ether ETF staking for @BitwiseInvest and on @Grayscale's XRP ETF filing. (Both expected IMO)

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Delays on spot crypto ETFs are expected. A bunch of XRP ETPs have dates in next few days. If we're gonna see early approvals from the SEC on any of these assets -- i wouldn't expect to see them until late June or early July at absolute earliest. More likely to be in early 4Q.

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