According to reliable sources, Rex-Osprey submitted an ambitious application to the SEC on October 4th (UTC+8) regarding the launch of 21 Crypto Assets exchange-traded funds (ETFs). This move has garnered widespread attention in the Crypto Assets market.

This application covers several highly anticipated Crypto Assets, including Cardano (ADA), Chainlink (LINK), Hedera (HBAR), and Sui (SUI). Notably, the application also includes some innovative ETF products, such as various staking ETFs, which shows that Rex-Osprey is striving to provide investors with diversified investment options in Crypto Assets.

This large-scale ETF application reflects institutional investors' growing interest in the Crypto Assets market, while also indicating that the boundaries between traditional finance and digital assets are gradually blurring. However, given the SEC's past cautious stance on Crypto Assets ETFs, there remains uncertainty as to whether these applications will be approved.

Regardless, this move by Rex-Osprey will undoubtedly promote the diversification of Crypto Assets investment tools and may open new avenues for more investors to participate in the Crypto Assets market. As the regulatory environment continues to evolve, the industry will closely monitor the SEC's response to these ETF applications and their potential impact on the entire Crypto Assets ecosystem.