First US Staked Crypto ETF Launches, Offering Solana and Yield
The first US staked cryptocurrency exchange-traded fund (ETF) will launch on Wednesday, allowing investors to hold Solana (SOL) and earn yield through staking.
Two days after Cointelegraph reported that the REX-Osprey Solana and Staking ETF could launch imminently, issuer REX Shares confirmed on Monday that the fund is set to debut.
As the name suggests, the REX-Osprey fund will give investors direct exposure to spot SOL along with staking income, potentially paving the way for broader institutional adoption of crypto.
The launch follows REX’s updated prospectus and positive feedback from the US Securities and Exchange Commission (SEC) regarding its unique C-Corp business structure — an arrangement the regulator had…
