ETH & SOL Staking ETFs Potentially Approvable This June

Bloomberg predicts approval for Ethereum and Solana (SOL) staking-based exchange-traded funds (ETFs) as early as June, skipping the usual 19b-4 filing process. This expedited route could lead to a significant step towards mainstream crypto investment adoption. These ETFs would allow investors to gain exposure to staking rewards without directly managing or holding crypto assets. This regulatory shortcut potentially allows for faster approvals and opens up new avenues for crypto investments in finance.