🚨REX Shares #Files for $SOL and $ETH Staking ETFs in U.S.

🔹Bloomberg analyst James Seyffart reports REX Shares has filed an effective prospectus for Solana and Ethereum staking ETFs in the U.S., potentially launching soon.

🔹The ETFs, structured under the 1940 Act as C-corporations, utilize Cayman subsidiaries for spot exposure, circumventing the standard 19b-4 approval process.

ETH

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-1.98%