Story perspectives
SEC Scrutinizes REX and Osprey's Crypto ETF Plans
6/1/2025
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Story summary
- US regulators are evaluating if REX Financial and Osprey Funds' new crypto ETFs meet federal investment company criteria.
- The SEC has expressed concerns regarding potentially misleading disclosures in their registration statements.
- REX intends to resolve SEC issues prior to a planned mid-June ETF launch.
- The SEC's inconsistent approach to crypto regulation has faced criticism from industry stakeholders.
