Anchorage Digital has been appointed as the equity partner and custodian for the REX-Osprey SOL spot ETF

The Block reports that the federally chartered digital asset bank Anchorage Digital has been appointed as the exclusive custodian and staking partner for the newly launched REX-Osprey Solana + Staking ETF.

Unlike the recent wave of spot BTC and ETH ETFs registered under the Securities Act of 1933, the new REX-Osprey ETF is governed by the more stringent Investment Company Act of 1940. This distinction means that qualified custodians must hold the assets, and Anchorage Digital is currently the only federally regulated bank authorized to both custody and stake digital assets. The ETF provides direct exposure to SOL and returns staking rewards to investors.