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The SEC has raised concerns about whether the REX-Osprey Ethereum and Solana ETFs comply with the Investment Company Act of 1940. Despite unresolved questions, the ETFs’ registration became effective on May 30, though they remain unlisted.
- SEC questions if REX-Osprey ETH and SOL ETFs comply with the Investment Company Act of 1940 due to staking components.
- ETFs' registration became effective on May 30 but remain unlaunched and unlisted amid unresolved SEC concerns.
- SEC issued guidance exempting some staking practices from securities rules, sparking debate over regulatory clarity.
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