<ul><li>SEC has raised legal concerns over REX and Osprey's Staking ETF plans involving Ethereum and Solana.</li><li>SEC's Associate Director expressed unresolved questions regarding the legitimacy of the products under the Investment Company Act of 1940.</li><li>The ETF structure has been described as relying on legal and regulatory workarounds, but SEC's response indicates discomfort.</li><li>The regulatory pushback highlights the challenges faced by crypto-linked investment vehicles like staking-based products in mainstream markets.</li></ul>

SEC Flags Legal Concerns Over REX and Osprey’s Staking ETF Plans

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