TechFlow news, on June 28, REX Shares announced on the X platform that the Solana staking ETF "REX-Osprey SOL+Staking ETF" is coming soon. This ETF aims to track the performance of Solana while generating yield through on-chain staking. It is reportedly the first staked cryptocurrency ETF in the United States. Additionally, Bloomberg senior ETF analyst Eric Balchunas disclosed on X that the SEC has no further comments, indicating that they appear ready to launch. Earlier reports indicated that the U.S. Securities and Exchange Commission (SEC) had warned REX Shares and Osprey Funds that their proposed staking Ethereum and Solana ETFs might not meet the definition of an "investment company" under the Investment Company Act, failing to satisfy the legal compliance requirements for ETFs.
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