Solana and Ethereum Staking ETFs to Launch in June 2025: Fact Check

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🚀 Get Ready for the Crypto Rollercoaster: Staking ETFs Are Coming! 🎢

So, picture this: it’s Friday, and REXShares decides to drop a prospectus for new staking ETFs based on Solana (SOL) and Ethereum (ETH). Because, you know, who doesn’t want to throw their money into the wild world of crypto? 💸

Now, the crypto community is buzzing like a caffeinated squirrel, speculating that these ETFs could pop up as soon as June 2025. James Seyffart, a Bloomberg ETF analyst, took to X (formerly known as Twitter, because rebranding is all the rage) to say, “Don’t know launch date but could be within the next few weeks.” Thanks, James! That’s as clear as mud! 🐾

Analysts are throwing around the phrase “immediately upon filing pursuant to paragraph (b)” like it’s the latest TikTok dance move. This means the ETF prospectus could be effective right after it’s filed with the SEC, skipping the usual waiting game. It’s like getting a fast pass at Disneyland, but for your investments! 🎟️

These ETFs are special, folks! They follow the 1940 Act and are structured as C-corporations. This means they can stake at least 50% of their ETH and SOL holdings and distribute those sweet, sweet staking rewards to investors. It’s like a crypto buffet, and everyone’s invited! 🍽️

But hold your horses! The SEC is waving a red flag, saying the registration forms might be “improperly filed” and some info could be “misleading.” Because nothing says “trust us” like a government agency throwing shade. Investors might be left feeling like they’re on a blind date with a mystery date—exciting but also a little terrifying! 😱

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2025-05-31 22:13