First Staked Crypto ETF in US Set to Launch July 2

- REX-Osprey SOL + Staking ETF set to debut on July 2, 2025. - Combines spot Solana (SOL) exposure with distributed staking rewards. The U.S. crypto investment landscape is set for a milestone moment with the launch of the REX-Osprey SOL + Staking ETF on Wednesday, July 2, 2025. On June 30, 2025, reports from BeInCrypto, The Defiant, and CoinCentral confirmed this will be the first staked crypto ETF in the United States. The groundbreaking fund blends direct exposure to Solana (SOL) and distributes staking rewards as dividends. Announced on June 30, the ETF leverages an innovative structure to secure regulatory approval. The fund operates as a C-corporation under the Investment Company Act of 1940, a structure that sidesteps the more rigorous U.S. Securities and Exchange Commission (SEC) approval processes. However, this approach creates additional taxation, as the fund pays taxes on staking rewards before distributing them to investors. The market has reacted optimistically, with Solana’s price rising after the announcement, and the ETF's approval reflects growing regulatory acceptance of new cryptocurrency investment products. The SEC indicated it had “no further comments” on filings for the staked Solana ETF or a potential Ethereum ETF by the same issuers, which signals tacit approval and stronger alignment with evolving crypto markets. As a result, analysts view this development as a turning point that could pave the way for similar ETFs targeting other digital assets. This launch arrives amid broader regulatory shifts, as the SEC is reviewing multiple cryptocurrency ETF proposals in what appears to be an increasingly crypto-friendly environment. Many experts see the staked Solana ETF's debut as a catalyst that will expand the scope of regulated crypto products in the U.S. According to CoinMarketCap on June 30, 2025, Solana (SOL) was trading at $156.45 as of 19:15 UTC, and its 24-hour trading volume had increased by 3.2%. Meanwhile, Ethereum (ETH) was trading at $2,495.54 as of 19:14 UTC, with its volume up by 2.4%.