🚨 Urgent: RexShares Files for Launching ETF Funds for Staking Ethereum and Solana!
In a bold move, asset management company RexShares has submitted an official prospectus to list ETF funds specifically for staking Ethereum (ETH) and Solana (SOL) in the United States.
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✳️ Key Points:
• 📈 Institutional demand for cryptocurrencies is driving a new wave of ETF filings in the U.S. market.
• 🧾 RexShares funds are not of the traditional 19b-4 type, but rather rely on an innovative “40-Act Funds” structure.
• 📜 The U.S. SEC has confirmed that staking services on proof-of-stake (PoS) protocols are not considered securities.
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💡 Why is this important?
• The funds could be launched in the coming weeks if the SEC approves.
• RexShares relies on affiliated companies in the Cayman Islands for direct exposure to the price of ETH and SOL.
• According to analyst “James Seyffart” from Bloomberg:
“What RexShares is doing is a smart mix of legal and regulatory tricks to bring these products to market.”
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🧠 This step represents the beginning of a new phase of institutional products that combine staking and regulation, paving the way for massive capital flows into leading PoS projects.
#ETF #ETH #SOL #Staking #RexShares #CryptoFunds