CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

The Coin Rise 2025-06-29 10:46:14

REX Shares Nears Launch of First Solana Staking ETF After SEC Progress

ETF provider REX Shares is preparing to launch the first-ever Solana staking exchange-traded fund (ETF) in the United States, marking a significant milestone for crypto investment products if it goes live in the coming days. This progress follows what analysts have described as a positive response from the U.S. Securities and Exchange Commission (SEC) after REX Shares submitted an updated prospectus reflecting feedback from the regulator. ETF analyst Eric Balchunas stated that the updated documents were fully completed, adding that “all systems go for imminent launch.” SEC Comfortable with Rare ETF Structure The potential launch signals a shift in the SEC’s stance toward crypto staking ETFs . Nate Geraci, president of ETF Store, noted that the SEC appears comfortable with REX Shares’ use of a rare C-corp structure under the ‘40 Act for its fund, despite the SEC’s earlier concerns regarding conflicts with the 6C-11 “ETF rule.” Geraci highlighted that this approach allowed REX Shares to bypass the standard 19b-4 filing process that other crypto ETF providers have relied on for staking proposals, which remain under SEC review. Echoing this, ETF analyst James Seyffart described the structure as “very rare in the ETF world,” indicating it provided a strategic pathway to move forward. Analysts also noted that SEC comments appear to have been resolved, with Balchunas confirming through an email screenshot that REX Shares is clear to proceed. “So they are good to launch, it looks like. Wow,” Balchunas remarked, while Geraci commented, “Crypto ETF summer commences.” A New Era for Staking in Crypto ETFs On the same day, REX Shares confirmed that “the first-ever staked crypto ETF” in the U.S. is on its way, emphasizing that its REX-Osprey SOL and staking ETF will track Solana’s price while generating on-chain yields for investors. Staking has been a highly anticipated feature in crypto ETFs, with many in the industry considering it essential for the next phase of crypto investment products. Earlier this year, BlackRock’s head of digital assets, Robbie Mitchnick, described their Ether ETF as successful but acknowledged it would be “less perfect” without staking capabilities. As the crypto investment landscape evolves, the imminent launch of REX Shares’ Solana staking ETF could represent a turning point , offering investors exposure to yield-generating crypto assets through regulated investment vehicles. The post REX Shares Nears Launch of First Solana Staking ETF After SEC Progress appeared first on TheCoinrise.com .

Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta