REX Shares Launches First Solana ETF with Staking, SEC Approval Signals Regulatory Shift

June 29, 2025
REX Shares Launches First Solana ETF with Staking, SEC Approval Signals Regulatory Shift
  • 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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