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The primary Solana staking ETF (exchange-traded fund) that can observe the worth of SOL and ship staking yields to traders will start buying and selling on July 2, in response to REX Shares.
“Coming Wednesday: The First-Ever Staked Crypto ETF within the U.S.!” the agency mentioned in a June 30 X publish.
SEC Has No Additional Feedback On REX Shares Solana Staking ETF
The X publish by REX Shares comes after the US Securities and Alternate 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, can be the primary US ETF to supply traders SOL publicity alongside staking rewards.
That’s made doable via the ETF’s construction beneath the Funding Firm Act of 1940 utilizing a C-corporation format that permits staking earnings to stream on to traders with out triggering any regulatory purple flags round taxation, yield or custody.
The SEC had requested REX and Osprey to delay the efficient date of their registration statements on Could 30, citing unresolved issues as as to if the proposed fund buildings match the definition of an “funding firm” beneath the Act.
Nevertheless, the SEC’s silence concerning the C-corp method seems to validate REX and Osprey’s product as a compliant resolution. As such, “they’re good to launch,” Bloomberg ETF analyst Eric Balchunas mentioned in a June 28 X publish.
Replace: right here’s the SEC saying it has no additional feedback, so they’re good to launch it seems to be 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 response to Balchunas and his colleague, James Seyffart.
The analysts mentioned on X yesterday that they anticipate a “wave of recent ETFs within the second half of 2025.” Balchunas and Seyffart subsequently raised the percentages 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 tip of 2025. We anticipate a wave of recent ETFs on this second half of 2025. pic.twitter.com/H3pxJhqMy3
— James Seyffart (@JSeyff) June 30, 2025
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