28-6-2025 – REX Shares has unveiled plans for the pioneering REX-Osprey SOL+Staking ETF, a fund poised to redefine how investors engage with digital assets in the United States. Shared via the X platform, this innovative exchange-traded fund is designed to mirror the performance of Solana, a prominent blockchain platform, while simultaneously harnessing the potential of on-chain staking to deliver additional yield for investors.
If launched as anticipated, it would mark a historic milestone as the first ETF of its kind in the U.S., blending traditional investment vehicles with the dynamic returns of cryptocurrency staking. Eric Balchunas, a respected senior ETF analyst at Bloomberg, recently noted on X that the U.S. Securities and Exchange Commission (SEC) has concluded its review of the fund’s proposal without raising further concerns, signalling that the path to launch appears clear.
This follows earlier apprehensions from the SEC, which had cautioned REX Shares and Osprey Funds that their proposed ETFs, encompassing both Solana and Ethereum staking, might not align with the stringent legal framework of the Investment Company Act. The regulator had questioned whether these funds could be classified as investment companies, a critical designation for compliance.
With these hurdles seemingly overcome, the stage is set for a transformative addition to the U.S. financial markets, potentially unlocking new avenues for institutional and retail investors alike to tap into Solana’s growth and staking rewards.
