Analysts forecast the upcoming launch of an ETF with staking capabilities in the USA

The progress on the application by REX Shares for launching an ETF based on Solana and Ethereum with a staking feature indicates the imminent arrival of the product in the US market. This was stated by Bloomberg exchange analyst Eric Balchunas.

Rex also filed an updated prospectus, which totally filled in. Add it all up and it appears as though all systems go for imminent launch. $SSK is the ticker. pic.twitter.com/Mkbqd2Qjo4

— Eric Balchunas (@EricBalchunas) June 28, 2025

"REX has also submitted an updated prospectus that is fully completed. Put all this together, and it will become clear that the systems are preparing for a quick launch," he wrote.

On June 28, the management firm announced the "first ever staking crypto ETF in the US." According to the filed SEC form N-1A, the company intends to launch two products based on SOL and ETH with yield generation through staking.

Coming Soon: The First-Ever Staked Crypto ETF in the U.S.!

Introducing the REX-Osprey™ SOL + Staking ETF, designed to track the performance of Solana while generating yield through on-chain staking.

✔️ SOL exposure ✔️ Staking rewards

A new era of yield-generating crypto… pic.twitter.com/I8yIEqiI5R

— REX Shares (@REXShares) June 27, 2025

Although there has not yet been official approval of the funds from the Commission, Balchunas published a screenshot of an email confirming that REX Shares received comments and adjustments from the regulator.

Screenshot of the correspondence, which states that "employees currently have no additional comments." Data: X. President of ETF Store Nate Geraci called the emergence of a spot SOL-ETF with staking from REX Shares "inevitable:"

"It seems that [the companies] are comfortable moving forward with their creative structure of the ’40 Act. That’s all"

At the end of May, Bloomberg market analyst James Seyffart had already pointed out the product, noting that the firm used a rare structure for the fund — C Corp. According to him, this approach allows bypassing the process of filing the traditional form 19b-4.

"This structure has its pros and cons. One of the pros is that it was a way to gain some approval from the SEC," added Seifert.

In the past 24 hours, Solana has increased by 3.6% against the backdrop of stagnation in the rest of the market. At the time of writing, the coin is trading at $151, according to CoinGecko.

Let us remind you that in June, Bitwise updated its applications for ETFs based on Dogecoin and Aptos.