Next-Gen Crypto Funds That Offer Rewards Beckon After SEC Signal
The SEC headquarters in Washington, DC.
Photographer: Graeme Sloan/BloombergA new generation of crypto ETFs that allow investors to earn yield — not just bet on prices — looked poised for their Wall Street debut.
REX Financial and Osprey Funds have received a so-called effective registration from the US Securities and Exchange Commission for two new exchange-traded funds tied to Ethereum and Solana on Friday. These products offer so-called staking, which allows investors to earn rewards by pledging Ether tokens to help operate the blockchain.