REX Shares: Solana Pledged ETF Coming Soon
2025-06-28 15:13:15
On June 28th, REX Shares announced in a post on the X platform that the Solana staking ETF "REX-Osprey SOL + Staking ETF" is coming soon. It is reported that the ETF aims to track the performance of Solana while generating income through on-chain staking. It is said that the ETF is also the first staking cryptocurrency ETF in the United States. In addition, Bloomberg senior ETF analyst Eric Balchunas disclosed on the X platform that the Securities Exchange Commission said there is no further comment, so it looks like they are ready to launch. Previously, the Securities Exchange Commission (SEC) issued a warning to REX Shares and Osprey Funds, saying that its proposed pledged Ethereum and Solana ETFs may not meet the definition of "investment company" in the Investment Company Act and fail to meet the legal compliance requirements of ETFs.
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