LATEST: ⚡ CoinShares has withdrawn its plans to issue a Solana staking ETF, XRP ETF and Litecoin ETF amid the recent fury of exchange-traded fund listings, saying it will focus instead on higher-margin business opportunities. https://t.co/4cvH1ukOrk ...

BREAKING: VSOL from @vaneck_us is live, a new Solana staking ETF 🔥 https://t.co/nV3wMBMXF2 ...

LATEST: ⚡ Bitwise's Solana staking ETF has launched on the NYSE with $222 million in assets and $56 million in first-day trading volume, offering institutional investors SOL price exposure and ~7% annual staking yields. https://t.co/vQSKkXShrc ...

RT Robert Baggs (@rkbaggs)Listen as 3 philosophy majors (me, @gazza_jenks, and @Matt_Hougan) discuss the big news: @BitwiseInvest and the first @solana staking ETF.When the Bitwise Chief Investment Officer is bullish on something, it’s worth paying attention. And he is!https://t.co/PSmqQ4eCrS ...

Just In: The Bitwise Solana staking ETF is set to launch tomorrow, October 28LTC and HBAR ETFs will launch tomorrow as wellEric Balchunas (@EricBalchunas):Confirmed. The Exchange has just posted listing notices for Bitwise Solana, Canary Litecoin and Canary HBAR to launch TOMORROW and grayscale Solana to convert the day after. Assuming there’s not some last min SEC intervention, looks like this is happening. ...

Bitwise 'not playing around,' sets 0.20% fee for its Solana staking ETF https://t.co/gnE4yHNn6n ...

Solana could soon become the next major cryptocurrency with a spot exchange-traded fund (ETF) in the United States. ETF analyst Nate Geraci said that recent filings suggest Solana ETFs with staking could receive approval within two weeks, triggering the asset’s ‘institutional moment.’ Major Firms Lined Up Several leading managers, including Franklin Templeton, Fidelity, CoinShares, Bitwise, Grayscale, VanEck, and Canary Capital, submitted amended S-1 documents to the US Securities and Exchange Commissio ...

Core Insights - REX-Osprey is set to launch the first U.S. spot ETFs for XRP and Dogecoin, with tickers $XRPR and $DOJE respectively, on Thursday, providing regulated exposure to these cryptocurrencies [1][2] - The XRP ETF is positioned as the first U.S. fund to offer spot exposure to XRP, the third-largest cryptocurrency by market capitalization [2] - The launches occur amidst a backdrop of 92 pending crypto ETF applications awaiting SEC review, with many facing deadlines in October [2] Group 1: ETF Launch Details - REX-Osprey confirmed the launch of the XRP ETF via social media, highlighting its significance in the crypto market [2] - The effective prospectus for the XRP ETF includes plans for Trump and Bonk token ETFs, although their launch dates are not yet announced [2] - The Dogecoin ETF is planned for listing on NYSE Arca under the ticker "GDOG" [7] Group 2: Regulatory Framework - REX-Osprey employs the Investment Company Act of 1940 structure, allowing for rapid market entry by bypassing traditional SEC approval delays associated with Form S-1 and 19b-4 filings [3][4] - This regulatory strategy has previously facilitated the successful launch of REX's Solana staking ETF earlier this year [3] - The 40 Act funds can reach markets through effective prospectus filings, contrasting with traditional ETF applications that require extensive SEC review [4] Group 3: Market Dynamics and Competitors - Bloomberg analysts noted that the coordinated filings by seven major asset managers for XRP ETFs indicate positive feedback from the SEC, enhancing approval prospects [5] - Notably, BlackRock has not participated in the XRP ETF race despite its earlier success with spot Bitcoin and Ethereum ETFs [5] - REX-Osprey is expanding its crypto ETF portfolio, having filed for BNB staking ETFs and MOVE token exposure, positioning itself as a leader in alternative assets beyond Bitcoin and Ethereum [6]

Group 1 - Traditional investors in the United States will gain exposure to Ripple-linked asset XRP and Dogecoin (DOGE) through new exchange traded products from Rex Shares and Osprey Funds, expected to list on Thursday [1] - The funds are registered under the Investment Company Act of 1940, allowing them to operate alongside other crypto ETFs registered under the Securities Act of 1933 [1][2] - The REX-Osprey XRP Portfolio will provide exposure to spot XRP through a Cayman Islands subsidiary and may also invest in derivatives tied to XRP [2] Group 2 - The Dogecoin-focused ETF, DOJE, will follow a similar structure to the XRP ETF, investing via the Cayman Islands subsidiary rather than directly holding the underlying asset [3] - Rex-Osprey previously launched a Solana staking ETF under the same Investment Company Act, marking a first in that category [4] - Over 90 other ETF applications featuring assets like XRP and Solana are pending SEC approval, with analysts suggesting that approvals for Dogecoin, Solana, and XRP ETFs are likely [5]

🚨UPDATE: $SSK, the first U.S. Solana staking ETF, hits $143.7M AUM in its first month. https://t.co/OlG8MaRh4r ...