REX Shares to Launch U.S. Solana Staking ETF

The ETF broadens Solana’s appeal among U.S. investors, facilitating crypto access. Industry experts anticipate increased capital flows, enhancing crypto market engagement.

REX Shares and Osprey Funds plan the REX-Osprey SOL+Staking ETF launch, integrating Solana exposure and staking yield. Regulatory approval appears secure, according to updates from both companies.

In collaboration, they aim to offer both Solana price exposure and on-chain staking yields. REX Shares’ innovative financial design supports this product strategy.

The ETF is expected to encourage both institutional and retail investments in Solana. This move potentially increases Solana’s market participation through regulated financial channels.

With the SEC signaling no further objections, as noted by Bloomberg’s Eric Balchunas, the ETF reflects changing regulatory perspectives on crypto investments.

Solana’s attractiveness among investors may increase, with staking rewards and asset exposure offered in one package. Similar offerings are anticipated for other cryptocurrencies.

Staking was previously more complex for traditional investors. This product makes staking accessible, possibly driving more innovations in regulated financial instruments in the crypto space.

“Here’s the SEC saying it has no further comments, so they are good to launch it looks like.” — Eric Balchunas, Senior ETF Analyst, Bloomberg