In brief
The SEC raised concerns about whether the REX-Osprey ETH and SOL ETFs qualify under the Investment Company Act of 1940.
Despite ongoing discussions, the ETFs’ registration became effective on May…
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The plan to launch two new crypto ETFs tied to Solana and Ethereum has hit a snag after the U.S. Securities and Exchange Commission (SEC) raised concerns that they are…
On Friday, REXShares filed a prospectus for new staking ETFs based on Solana (SOL) and Ethereum (ETH) for the U.S. Following this, there are speculations growing in the crypto community…
Key Points:SEC questions Ethereum and Solana ETFs’ classification; delays expected.Launch postponed pending regulatory resolution.Potential ripple effects on staking-focused tokens.
The US Securities and Exchange Commission (SEC) raised concerns on May 31…
The United States Securities and Exchange Commission (SEC) responded to the effective registration amendment for Solana (SOL) and Ether (ETH) staked exchange-traded funds (ETFs) from ETF provider REX Financial and…
Key Points:BlackRock, Fidelity, Grayscale, hold significant Bitcoin via spot ETFs.BlackRock’s IBIT leads with 660,814 BTC.ETF demand exceeds new Bitcoin supply, highlighting strong institutional interest.
BlackRock, Fidelity, and Grayscale are significantly impacting…
Almost $1 billion in two days: Max pain for BTC ETFs investorsWorst day for BTC bulls since February Bitcoin (BTC), the largest cryptocurrency, lost 6% of its capitalization in two…
REXShares has just taken a big step in the crypto world by filing a prospectus for new staking ETFs based on Solana (SOL) and Ethereum (ETH) that will be available…
U.S.-listed spot bitcoin exchange-traded funds (ETFs) recorded their first day of net outflows in 10 trading sessions on Thursday, according to a research report by JPMorgan (JPM).The Wall Street…