Crypto

First Solana staking ETF set to launch after SEC approval, generating yield, positive for market.

by Market News Data

From CoinTelegraph
June 28, 2025 11:41 pm:

ETF provider REX Shares is set to launch the first Solana staking ETF after addressing SEC feedback. The SEC is comfortable with the unique structure, allowing REX Shares to move forward. Analysts believe the regulatory hurdles have been cleared, signaling the start of a “Crypto ETF summer.” Staking in crypto ETFs has been highly anticipated and is expected to generate yield. BlackRock’s Ether ETF success highlights the demand for staking features in ETFs.

Read more at Cointelegraph: Solana ETF Set For ‘Imminent Launch,’ Analysts Say

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