SEC Investigates REX Shares & Osprey’s Staking ETFs: Potential Market Shakeup Looms

The Securities and Exchange Commission (SEC) is scrutinizing the compliance of REX Shares and Osprey Funds’ proposed Ethereum and Solana staking exchange-traded funds (ETFs). This investigation could impact the future of these products, with potential market volatility expected. REX Shares and Osprey Funds aim to list their ETFs on Nasdaq soon after regulatory approval. They have employed unique c-corporation structures to bypass traditional grantor trust regulations, attracting attention from the SEC.