REX-Osprey XRP and memecoin ETFs to debut with different structure next week

Group 1 - The REX-Osprey ETFs are set to debut next week, featuring a structure similar to the Solana SSK ETF, despite SEC approval [1][6] - The REX-Osprey ETFs utilize a registered investment company (RIC) structure, differentiating them from traditional spot crypto ETFs and the initial approach of the Solana ETF [2][3] - This RIC framework allows the funds to primarily hold spot crypto assets while also using derivatives and investing in other ETFs as market conditions dictate [4][5] Group 2 - The SEC is developing a standardized listing framework for crypto ETFs, which would streamline the approval process by eliminating individual rule-change requests for qualifying assets [7][8] - Recent SEC actions have included stay orders on Bitwise's and Grayscale's fund conversions, indicating a cautious approach to new ETF launches [7] - The proposed framework would enable ETF sponsors to bypass the traditional Form 19b-4 process if underlying tokens meet specific criteria, such as market capitalization and trading volume [8]