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The REX-Osprey Solana staking ETF is on the verge of becoming the first Solana-based ETF to trade in the US. Analysts suggest the SEC has cleared regulatory hurdles, paving the way for an imminent launch. This ETF offers traditional investors exposure to Solana’s staking rewards without direct crypto ownership.
- REX Shares’ Solana ETF uses a rare '40 Act structure' to avoid SEC staking restrictions.
- The ETF will provide staking rewards without requiring investors to hold Solana directly.
- Analysts suggest this launch could accelerate regulatory approval for similar crypto staking ETFs.
📎 Source reference: cryptoslate.com