Key Takeaways
- The safety company issued no additional feedback on Rex and Osprey’s staked ETH and SOL ETFs, clearing the trail for a potential launch.
- SEC coverage shifts might allow the primary batch of US-listed staked ETFs, accelerating institutional adoption of altcoin funding merchandise.
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ETF supplier REX Monetary and asset administration agency Osprey Funds could also be on the verge of launching the primary staked Ethereum (ETH) and Solana (SOL) ETFs within the US, following a brand new improvement of their regulatory course of.
In keeping with Bloomberg ETF analyst Eric Balchunas, the SEC stated in a June 27 assertion that it had “no additional feedback” on the corporations’ filings.
The replace got here in response to a request submitted by REX and Osprey to the SEC, in search of affirmation that each one employees feedback on their staked Ethereum and Solana ETFs had been resolved.
REX and Osprey filed for staked SOL and ETH ETFs in late Might, proposing ETF constructions that may permit the funds to carry and stake the 2 outstanding crypto property and distribute stake rewards to shareholders.
Nonetheless, the SEC instantly raised issues that REX and Osprey’s proposed funds might not qualify as ETFs beneath current guidelines attributable to their distinctive C-corporation enterprise construction. The construction conflicts with the ETF rule, which defines acceptable company varieties for ETFs.
Regardless of regulatory hurdles, business professionals have been longing for a decision, permitting the funds to convey new liquidity into the crypto market.
“Right here’s the SEC saying it has no additional feedback, so they’re good to launch it seems to be like,” stated Balchunas.
REX and Osprey have additionally signaled readiness from the product facet. A newly launched “Coming Quickly” marketing campaign prominently options the upcoming staked ETH and SOL ETFs on their web site, although no official affirmation has been issued concerning approval or launch dates.
Coming Quickly: The First-Ever Staked Crypto ETF within the U.S.!
Introducing the REX-Osprey™ SOL + Staking ETF, designed to trace the efficiency of Solana whereas producing yield by means of on-chain staking.
✔️ SOL publicity
✔️ Staking rewardsA brand new period of yield-generating crypto… pic.twitter.com/I8yIEqiI5R
— REX Shares (@REXShares) June 27, 2025
The SEC has signaled potential approval for Solana ETFs later this yr, following a current request to revise language round in-kind redemptions and staking practices, suggesting a rising openness to incorporating staking into ETF constructions.
All seven asset managers in search of to launch Solana ETFs, together with Grayscale, VanEck, 21Shares, Canary Capital, Bitwise, and Franklin Templeton, have up to date their filings to incorporate staking capabilities in response to the SEC’s suggestions.
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