REX Shares announces the upcoming launch of the first "Solana stake ETF"! Bloomberg analyst: SEC has no objections, and ETH is coming soon?

The SEC responded to REX's SOL + Staking ETF without objection, accelerating expectations that staked ETFs will finally go public, allowing both institutional and retail investors to enjoy both SOL prices and staking returns. (Synopsis: Founder of Skybridge Capital: The boom of companies issuing bonds to buy BTC will eventually subside, and excessive speculation may eat back Bitcoin) (Background supplement: From the wolf of Wall Street to the Bitcoin missionary" The founder of Skybridge Capital warns of the sweet trap of the Trump effect) The U.S. Securities and Exchange Commission (SEC) replied to REX Shares' SOL Ethereum staking ETH application (codename SSK) on June 28, saying that there was "no further comment", making the market see this as a key breakthrough for staked ETFs. REX Shares also posted on X: Coming soon: the first "staking cryptocurrency ETF" in the United States! We are excited to launch the REX-Osprey SOL + Staking ETF, a product designed to track Solana's performance while generating revenue through on-chain staking. Direct contact with SOL staking reward income SEC loosens, Trump-era regulation turns SEC used to believe that protocol pledges may constitute securities, but this time there is a significant relaxation of attitude. The May 2025 public statement that "a mere agreement pledge is not a security requirement", coupled with the Trump administration's emphasis on "financial innovation friendly", is seen as the background of the policy shift. Institutional entry channel, retail investors lower the threshold Compliant pledge ETFs can create a convenient channel for institutions to participate in PoS returns, and also allow retail investors to expect to obtain pledge remuneration through brokerage accounts, eliminating the need for self-operation and private key management. Within 24 hours after the news was exposed, on-chain data showed that the whale address transfer exceeded $1.3 billion SOL, and the futures volume reached a record high, perhaps indicating that the market was laid out in advance, and at the moment of writing, SOL stood back to $150. Regulatory variables and future market outlook At present, the SEC seems to have no objections, and a number of asset managers should accelerate the preparation of "ETH staked ETF" applications, which may appear in large numbers by the end of 2025. Polymarket gives a 92% chance of approval, and Eric Balchunas, a Bloomberg ETF strategist, also posted on the X platform yesterday: Update: The U.S. Securities and Exchange Commission (SEC) said "no further comment" and it looks like they can already start. Wow~ Nate Geraci, president of ETF Store, also said that the successful listing will "catalyze staking ETFs into the new mainstream". Rex now putting out a “coming soon” tweet. No date but clearly they pushing fwd, assuming comments resolved ht @NateGeraci — Eric Balchunas (@EricBalchunas) June 27, 2025 Related Articles Sol Strategies Apply for listing on NASDAQ "Code STKE": Accelerate Solana layout and pledge scale "Trump brand mobile phone" binding encryption: is it a self-fattening printing machine, or is it imitating Solana's wealth code? The founder of Solana criticized "$100 million ADA for Bitcoin" as too stupid, and Hoskinson responded in silence for several days "REX Shares Trailer First "Solana Staking ETF" is coming! Bloomberg analysts: The SEC has no objections, and ETH is fast? This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".