đš BREAKING: The REXâOsprey SOL + Staking ETF is set to begin trading on Wednesday â officially launching the first-ever U.S. Solana ETF with on-chain staking built in đ„
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đŻ What's in the ETF:
Exposure to SOL: Tracks Solanaâs price performance
Onâchain staking yields: Job doneâinvestors earn passive income from staking within the ETF
Approved via innovative Câcorp + Cayman structureâclearing the SECâs âŻâno further commentsâ stage
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đ Why it matters:
First-mover advantage: First U.S. staking-enabled ETF for a major altcoin â a milestone for crypto ETFs
SEC comfort sign: Analysts say the green light from SEC hints at broader acceptance of staking-based ETFs
Crypto mainstreaming: Bridges institutional appetite for yield + diversified crypto exposure
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đź What to watch:
SOL price reaction: A breakout above ~$158â160 could trigger more upside (FXStreet eyeing $168+)
Copyâcat potential: If this goes well, expect Ethereum staking ETF and similar products to follow
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đ Binance Square TL;DR:
> đą REXâOsprey SOLâETF with staking goes live WEDNESDAY â first altcoin-based staking ETF in the U.S.
đŠ SEC gave its quiet nodâno more comments pending
đ Could spark a wave of altcoin staking ETFs
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