REX Shares To Launch First US Solana Staking ETF Tomorrow

The primary Solana staking ETF (exchange-traded fund) that can observe the worth of SOL and ship staking yields to buyers will start buying and selling on July 2, in accordance with REX Shares.

“Coming Wednesday: The First-Ever Staked Crypto ETF within the U.S.!” the agency mentioned in a June 30 X submit.

SEC Has No Additional Feedback On REX Shares Solana Staking ETF

The X submit by REX Shares comes after the US Securities and Change Fee (SEC) knowledgeable the agency that it had “no additional feedback” on the Solana staking ETF submitting collectively submitted by REX Shares and Osprey Funds. 

The product, which is formally titled the REX-Osprey Solana and Staking ETF, could be the primary US ETF to supply buyers SOL publicity alongside staking rewards. 

That’s made potential by the ETF’s construction underneath the Funding Firm Act of 1940 utilizing a C-corporation format that enables staking revenue to movement on to buyers with out triggering any regulatory crimson flags round taxation, yield or custody.

The SEC had requested REX and Osprey to delay the efficient date of their registration statements on Might 30, citing unresolved considerations as as to whether the proposed fund buildings match the definition of an “funding firm” underneath the Act.

Nevertheless, the SEC’s silence concerning the C-corp method seems to validate REX and Osprey’s product as a compliant answer. As such, “they’re good to launch,” Bloomberg ETF analyst Eric Balchunas mentioned in a June 28 X submit.

Replace: right here’s the SEC saying it has no additional feedback, so they’re good to launch it appears like. Wow. pic.twitter.com/EB2AzasrsD

— Eric Balchunas (@EricBalchunas) June 28, 2025

Analysts Up Odds Of SOL, XRP And LTC Spot ETF Approval To 95%

A number of spot altcoin ETFs may observe the REX-Osprey fund quickly, in accordance with Balchunas and his colleague, James Seyffart.

The analysts mentioned on X yesterday that they anticipate a “wave of latest ETFs within the second half of 2025.” Balchunas and Seyffart subsequently raised the chances for Solana, XRP and Litecoin spot ETF approvals from 90% to 95%.

Listed here are mine and @EricBalchunas‘ most up-to-date odds on spot crypto ETF approvals by the top of 2025. We anticipate a wave of latest ETFs on this second half of 2025. pic.twitter.com/H3pxJhqMy3

— James Seyffart (@JSeyff) June 30, 2025

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