From Cointelegraph
May 31, 2025 3:54:00 pm:

SEC raises concerns over the business structure of Solana and Ether staking ETFs filed by REX Financial and Osprey Funds, citing conflicts with the 6C-11 ETF rule. Despite setbacks, analysts remain optimistic about reaching an agreement. Approval of altcoin and staking ETFs expected to bring fresh liquidity into crypto markets.

SEC delays decision on staked and altcoin ETFs despite recent guidance that crypto staking does not violate securities laws. Analysts expected delays, noting that most ETF applications have final due dates in October. Approval of ETF applications typically not granted early.

Read more at Cointelegraph: SEC backtracks on REX-Osprey staked ETFs