The official OKX app features seamless multilingual interface switching, providing global users with barrier-free trading experience. Our innovative social copy trading system connects you with professional strategies, while open API supports customized q
Download for Android Download for IOS
Analysts confirm REX Shares' Solana staking ETF has cleared regulatory hurdles and could begin trading within days. The innovative fund structure bypasses traditional ETF approval processes while complying with SEC requirements.
REX Shares' novel C-corporation framework for its Solana ETF has satisfied SEC concerns after multiple revisions. Unlike standard 19b-4 filings used by competitors, this approach creates a 【first-of-its-kind】 investment vehicle combining Solana exposure with staking rewards. ETF analyst Eric Balchunas noted the completed prospectus signals "all systems go" for launch.
The fund will track Solana's price while automatically staking holdings to generate yield — a feature BlackRock's digital assets head recently called missing from existing crypto ETFs. REX projects annual yields between 【5-7%】 based on current network conditions, though returns may fluctuate with SOL's price and validator performance.
Industry observers anticipate strong demand for the product, particularly from:
• Institutional investors seeking regulated crypto exposure
• Retail traders wanting simplified staking access
• Portfolio managers diversifying with yield-generating assets
——This launches a new era for crypto ETFs—— remarked ETF Store president Nate Geraci. The approval could pressure competitors to accelerate their own staking-enabled products.
The SEC's comfort with REX's structure suggests potential flexibility in evaluating future crypto ETFs. However, analysts caution this doesn't guarantee approval for pending Ethereum staking ETFs, as Solana's regulatory classification remains distinct from ETH's security designation concerns.
As of press time, SOL prices showed 【4.2%】 gains following the news, with futures open interest nearing record levels. Market participants now await the official launch date from REX Shares, expected within 【72 hours】 based on regulatory filing timetables.