30.06.2025 19:52

The REX-OSPREY Solana ETF, a groundbreaking development in the cryptocurrency investment landscape, is slated to commence trading this Wednesday, according to a recent announcement by the CEO. This eagerly anticipated launch follows a period of intense scrutiny and negotiation with the Securities and Exchange Commission (SEC).

Adding further weight to the announcement, Bloomberg ETF analyst Eric Balchunas expressed optimism on X (formerly Twitter), stating that the final preparations for the launch appear complete. His assessment, shared on Friday, reflects a growing confidence within the financial community surrounding the ETF's imminent arrival.

Crucially, the SEC's apparent acceptance of REX Shares' unique C-Corp business structure played a pivotal role in paving the way for this launch. Previously, this structure had presented regulatory hurdles due to conflicts with Rule 6C-11. Nate Geraci, President of ETF Store, highlighted the SEC's positive shift in perspective, suggesting a willingness to embrace the innovative 40 Act structure employed by REX Shares.

Geraci's statement further clarified that all outstanding SEC comments have been addressed, effectively removing the final roadblocks to launch. His confident declaration, “Here we go,” reflects the culmination of considerable effort and signifies a potential turning point for Solana and the broader cryptocurrency ETF market. This development suggests a significant evolution in the regulatory landscape for crypto assets. *This is not investment advice. Consult with a financial advisor before making investment decisions.* Information sourced from internet resources.