Rex Shares Presses the SEC on Staked Solana ETF Approval, Says ‘Coming Soon’

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The race to launch the first staked Solana ETF in the United States is heating up, with asset manager Rex Shares actively engaging the U.S. Securities and Exchange Commission (SEC) for final approval. In a recent communication, Rex Shares inquired whether all regulatory comments on its ’40 Act Solana Staking ETF filing have been addressed—signaling that the product may be nearing clearance.

Bloomberg ETF strategist Eric Balchunas confirmed there are no outstanding SEC comments, suggesting the path to launch could now be clear. “So they are good to launch, it looks like. Wow,” Balchunas remarked, fueling market optimism.

The Dawn of the First Staked Solana ETF

Rex Shares is preparing to roll out the REX-Osprey™ SOL + Staking ETF, a pioneering financial product poised to become the first U.S.-listed exchange-traded fund offering both direct exposure to Solana (SOL) and yield generation through on-chain staking.

This dual-benefit structure sets it apart from traditional spot crypto ETFs by combining capital appreciation potential with passive income—a compelling value proposition for long-term investors.

Key Features of the REX-Osprey™ SOL + Staking ETF

With growing institutional interest in digital assets, this product could serve as a blueprint for future staked asset ETFs across other major cryptocurrencies.

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Approval Odds Surge Past 92%

Market sentiment around a Solana ETF approval has reached fever pitch. According to Polymarket data, the probability of approval now exceeds 92%, marking an 18-percentage-point jump in recent weeks. This surge reflects growing confidence following the resolution of key regulatory hurdles.

Bloomberg Intelligence had previously forecast a 90% chance of approval by December 31, 2024, citing increasing regulatory clarity and precedent set by successful Bitcoin spot ETFs.

The absence of further SEC comments on Rex Shares’ filing strengthens the case for imminent approval. Such momentum is also mirrored in on-chain activity—Solana whales moved over $1.3 billion worth of SOL this week alone, possibly positioning ahead of the ETF launch.

CME Futures Volume Hits Record High

Supporting the bullish narrative, trading volume for Solana futures on CME reached a record $1.75 billion earlier this week. This surge in institutional-grade derivatives activity signals strong demand for regulated Solana investment vehicles.

Additionally, Robinhood has entered the fray by launching trading for CME Micro SOL Futures, expanding retail access to Solana derivatives and further validating its status as a mainstream digital asset.

Crypto ETF Summer Is Here: What’s Next?

Nate Geraci, president of ETF Store, declared that “crypto ETF summer” has officially begun—ushering in a new era of altcoin-based ETF approvals. The recent resolution of the long-standing XRP lawsuit between Ripple and the SEC has removed a major regulatory overhang, paving the way for broader crypto ETF adoption.

Experts believe this momentum could open doors for:

As regulatory clarity improves, more asset managers are expected to file similar products, creating a domino effect across the digital asset ecosystem.

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Solana Price Gains Momentum

In tandem with regulatory progress, Solana’s price has shown resilience. At press time, SOL is trading at $145, reflecting a 1.5% increase amid growing investor confidence. Analysts attribute this upward movement to:

The blockchain has seen a notable spike in decentralized application (dApp) usage, particularly in meme coin launches and NFT trading—further reinforcing its position as a leading smart contract platform.

Why This Matters for Investors

For traditional investors, a staked Solana ETF offers a compliant gateway into crypto without managing private keys or navigating exchanges. It combines:

This trifecta makes it an attractive alternative to holding SOL directly—especially for retirement accounts or conservative portfolios seeking exposure to high-growth digital assets.

Frequently Asked Questions (FAQ)

Q: What is a staked Solana ETF?
A: A staked Solana ETF is an exchange-traded fund that provides investors with exposure to Solana (SOL) while also earning yield through on-chain staking mechanisms. Unlike standard spot ETFs, it generates passive income from network rewards.

Q: Who is behind the REX-Osprey™ SOL + Staking ETF?
A: The ETF is developed by Rex Shares, a U.S.-based asset manager focused on innovative crypto investment products. They aim to bring regulated, yield-generating digital asset funds to mainstream markets.

Q: When will the Solana ETF be approved?
A: While no official date has been set, current odds exceed 92%, and Bloomberg analysts predict approval by December 31, 2024. The absence of SEC comments suggests a decision could come soon.

Q: How does staking work within an ETF?
A: The fund stakes SOL on-chain through approved validators. The rewards are collected, net of fees, and distributed to shareholders or reinvested—boosting total returns over time.

Q: Can I invest in this ETF through my brokerage account?
A: Yes—once approved and listed, the ETF will trade on major U.S. exchanges like NYSE or Nasdaq, making it accessible through most standard brokerage platforms.

Q: Will this ETF include other tokens besides SOL?
A: No. The REX-Osprey™ SOL + Staking ETF is designed to hold only Solana (SOL) and related staking rewards, ensuring focused exposure without diversification into other cryptos.

Looking Ahead: The Future of Staked Asset ETFs

The potential approval of the REX-Osprey™ SOL + Staking ETF marks a pivotal moment in financial innovation. It represents not just a win for Solana, but for the broader vision of integrating decentralized finance (DeFi) yields into traditional investment frameworks.

As more investors seek yield-enhanced digital asset products, expect increased filings for staked versions of Ethereum, Cardano, and other major proof-of-stake networks.

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Core Keywords:

With regulatory winds shifting favorably and market infrastructure maturing rapidly, the era of yield-bearing crypto ETFs is no longer speculative—it’s imminent. Investors who understand this shift today will be best positioned to benefit tomorrow.