REX Shares: Solana stake ETF is about to be launched

According to Deep Tide 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. It is reported that this ETF aims to track the performance of Solana while generating income through on-chain staking. This ETF is claimed to be the first staking crypto assets ETF in the United States. Additionally, Bloomberg senior ETF analyst Eric Balchunas disclosed on the X platform that the SEC stated there are no further comments, so it seems they are ready to launch. Previously, the SEC warned REX Shares and Osprey Funds that their proposed staking Ethereum and Solana ETF may not meet the definition of "investment company" under the Investment Company Act and fail to meet the legal compliance requirements for ETFs.