According to reports from Wu, Bloomberg analyst James Seyffart stated that REX Shares has submitted a valid prospectus for a Solana and Ethereum staking ETF to U.S. regulators, which is expected to launch in the coming weeks. These two products are registered funds under the 1940 Act, utilizing a rare C-corporation structure, and obtaining spot exposure through a Cayman subsidiary, thereby circumventing the traditional 19b-4 approval process.

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