SEC Moves Closer to Approving Staked Solana ETF

REX Shares appears to be on the brink of launching a staked Solana ETF after receiving a key response from the US Securities and Exchange Commission (SEC). On June 27, the firm wrote the regulator to confirm whether it had resolved all concerns related to its proposed Solana and Ethereum staking ETFs. SEC Clears Way for First Staked Solana ETF as REX Shares Readies Launch The SEC responded without further comments, sparking optimism that a launch could be near. Industry analysts believe this could allow REX Shares to launch the country’s first crypto ETF that tracks staking rewards on the Solana blockchain source: https://beincrypto.com/sec-solana-staking-etf-rex-shares/