Analysts say ETF provider Rex shares have addressed a response from the US Securities and Exchange Commission and expected to launch Solana Stacking Exchange-Trade Funds soon for the first time.

ETF analyst Eric Balchunas said, “Rex also filed an updated prospectus, which is completely filled. Add all this, and it appears that all systems go for adjacent launch,” ETF analyst Eric Balchunas Said In an X post on Friday.

SEC appears to be “comfortable” with unique ETF structure

ETF Store Chairman Nate Gresi Said In an X post on the same day, it appears that SEC is open to REX shares. Incredibly rare c-cor business structure The fund is used in the fund, which SEC first struggled with the 6C-11 rule, which is known as the “ETF rule”.

“It seems that they are comfortable in furthering the W/ their creative ’40 Act structure,” said Garasi. “We go here,” he said. He earlier said on 29 May that Rex’s shares took “regulator end-round” with this approach.

Echoing the spirit of gearsi, ETF analyst James SEFart said That rax shares structured Solana (Fifth note of musical scale) Steaking ETF proposal “ETF was very rare in the world” as it bypasses the standard 19B-4 filing process that most other ETF providers have used for staking products, many of which are still waiting for a decision from SEC.

Analysts say SEC’s comments have been addressed

However, on Friday, Gresi said, “It seems that they believe that comments are resolved.”

“Crypto ETF starts summer,” he said.

Balchunus cited an email screenshot that to confirm that Rex shares have addressed SEC’s comments.

“So they are good to launch, it seems. Wow,” Balchunas said.

In a post on the same day, Rex shares Said “Staked Crypto ETF” is coming soon in the US.

Crypto ETF is highly anticipated by the stating industry in ETF

It explained that its Rex-Osprey Sol and Steaking ETF are designed to track the performance of Solana by generating yield through onchain stacking.

Connected: Solana Futures Open Interest Hits ETF speculation between $ 7.4B: Is $ 200 Soul Next?

Rex’s shares said, “A new era of Yield-Janrating Crypto Exposure is here.”

The stacking industry has been a long -awaited feature by many ETF audiences.

On 20 March, Robbie Micheic, head of Blackrock’s digital assets, described the firm’s Ether ETF as a “tremendous success”. But accepted a significant rangeMichanik said that the ETF is “less perfect” without stake.

magazine: The Genius Act opens the door again for a meta stabechoin, but will it work?