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 ...

Bloomberg ETF analysts Eric Balchunas and James Seyffart expect REX-Osprey’s XRP and Doge ETFs to launch Thursday, marking the first U.S. spot exposure to these cryptocurrencies through regulated investment vehicles. The XRP ETF will trade under ticker $XRPR while the Dogecoin fund uses symbol $DOJE, both utilizing the faster 40 Act structure that bypasses traditional SEC approval delays. REX-Osprey confirmed the XRP ETF launch through social media, positioning $XRPR as the first U.S. fund delivering spo ...

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 ...

First spot Solana staking ETF notches $33 million in volume on first day trading: Bloomberg's Balchunas https://t.co/2pBLU92pua ...