Algorithmic Ratings & Investment Analysis
© ARIA 2025
by aria-ratings.com
June 29, 2025 at 16:35
SEC Clears Path for Innovative Staking ETFs Featuring Ethereum and Solana
The U.S. Securities and Exchange Commission (SEC) is set to approve the first-ever staking ETFs for Ethereum (ETH) and Solana (SOL).
Investment managers REX Shares and Osprey Funds have received the green light after the SEC expressed it had “no further comments” on their filings.
These ETFs will allow American investors to stake ETH and SOL, creating a new avenue for yield generation.
REX Shares and Osprey Funds initially filed their applications in May, but regulatory uncertainties temporarily stalled their progress.
However, with recent developments, the funds are poised for an imminent launch, as highlighted by Bloomberg analyst Eric Balchunas.
Both ETFs will be traded under the tickers ESK for Ethereum and SSK for Solana on the Cboe BZX exchange.
The innovative C-corporation structure used by REX and Osprey is unique among crypto ETFs and may streamline tax implications for investors.
This structure allows staking income to be taxed at the fund level before being distributed to shareholders as dividends.
As competition in the ETF space heats up, other asset managers are also looking to launch similar products, but REX and Osprey’s approach gives them a potential edge.
The anticipated approval for these ETFs marks a significant turning point in the crypto investment landscape, potentially paving the way for more such products in the future.
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