SEC Raises Concerns Over REX-Osprey Staking ETFs Proposal

REX Shares and Osprey Funds have applied to the U.S. Securities and Exchange Commission (SEC) for approval of Ethereum and Solana staking-based exchange-traded funds (ETFs). These proposed ETFs, if approved, could significantly impact the cryptocurrency market by integrating staking rewards into traditional investment strategies. However, regulatory scrutiny remains a key concern regarding these proposals.