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The first ETF of Solana Staking (fund negotiated on the stock market) which will follow the soil price and will produce implementation yields to investors will begin to be negotiated on July 2, according to Rex Actions.
“Wednesday to come: the very first crypto ETF marked out in the United States!” business said In a post of June 30 x.
Dry has no other comments on the actions Rex Solana Etf
The X Post by Rex Actions comes after the American Securities and Exchange (SEC) commission informed the company that it had “no other comment” on the Solara ETF of commissioning submitted jointly by REX shares and stammering funds.
The product, which is officially titled Rex-Osprey Solana and the FNB of Strike, would be the first American ETF to offer investors an exhibition on the ground alongside awards of staking.
This is made possible through the structure of the FNB under the 1940 investment companies law using a C-Corporation format which allows the implementation of income to go directly to investors without triggering regulatory red flags around tax, yield or guard.
The SEC had asked Rex and Osprey to delay the date of entry into force of their registration statements on May 30, citing unresolved concerns as to whether the fund structures proposed correspond to the definition of an “investment company” under the law.
However, the silence of the dry concerning the C-Corp approach seems to validate the product of Rex and Osprey as a compliant solution. As such, “they are good to launch,” said Eric Balchunas, Bloomberg ETF analyst, in a post of June 28.
Update: here is the dry by saying that he has no other comments, so they are good to throw. Wow. pic.twitter.com/eb2azasd
– Eric Balchunas (@ericbalchunas) June 28, 2025
Analysts are chances of approval of the FNB Sol, XRP and LTC at 95%
According to Balchunas and his colleague, James Seyffart.
Analysts said yesterday that they planned a “wave of new ETFs in the second half of 2025.” Balchunas and Seyffart later increased the chances for the approvals of Solana, XRP and Litecoin Spot ETF from 90% to 95%.
Here is mine and @Ericbalchunas“The most recent ratings on SPOT Crypto ETF approvals by the end of 2025. We expect a wave of new ETFs in this second half of 2025. pic.twitter.com/h3pxjhqmy3
– James Seyffart (@jseyff) June 30, 2025
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