REX Shares Launches First Solana ETF with Staking, SEC Approval Signals Regulatory Shift
June 29, 2025
REX Shares has made a significant move in the cryptocurrency landscape by launching the first Solana-focused ETF that features staking.
The imminent launch of this ETF follows a lack of feedback from the U.S. Securities and Exchange Commission (SEC), suggesting that regulatory hurdles have been cleared.
On June 27, 2025, the SEC resolved all outstanding questions regarding the proposed C-corporation business structure, paving the way for the ETF's approval.
Analysts believe that the SEC may approve this ETF structure without the lengthy 19b-4 procedure, indicating a shift in regulatory acceptance for such products.
The SEC's recent clarification on staking confirms that it does not violate U.S. securities regulations, allowing companies to innovate without legal concerns.
This ETF simplifies crypto staking for traditional investors by enabling purchases through standard exchanges without the need for private wallet management.
The launch is seen as a breakthrough for institutional adoption of staking, transforming it from a niche investment into a mass-market offering.
Major asset managers like Grayscale, VanEck, and Franklin Templeton are revising their proposals to include staking capabilities for Solana ETFs, reflecting a growing interest in diversified crypto products.
Solana's fast technology and increasing institutional interest position it well to compete in the crypto market, as evidenced by its rising presence on the Chicago Mercantile Exchange.
James Seyffart noted that REX Shares' approach is rare in the ETF landscape, as it avoids the standard 19b-4 filing process that many other staking product proposals have followed.
The SEC's approval could lead to increased trust in crypto ETFs and attract larger investors, further solidifying the market framework established by previous crypto ETFs.
The launch is strategically timed following the successful performance of Bitcoin and Ethereum ETFs, which is expected to accelerate interest and investment in both Ethereum and Solana.
Summary based on 8 sources
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Sources

Cointelegraph • Jun 29, 2025
‘All systems go’ for Solana staking ETF to launch any moment: Analysts
• Jun 29, 2025
REX Shares Launches First Solana Staking ETF in US
• Jun 29, 2025
REX Shares Launches First Solana Staking ETF in US