REX Shares is about to launch the first Ethereum and Solana staking ETF in the U.S.
The crypto market in the U.S. is about to witness a new advance as #RexShares prepares to launch the first Ethereum and Solana staking ETF, expected to roll out in the coming weeks. This is the first ETF in the U.S. to implement direct staking, rather than just holding tokens like the current Ether ETFs.
Specifically, at least 50% of the $ETH and $SOL in the fund will be staked, providing periodic rewards for investors – a feature long overlooked in traditional ETF products.
To navigate the SEC's complex approval process, REX Shares has chosen the C-corp model combined with a subsidiary in the Cayman Islands, which helps shorten the launch time and provides legal flexibility. Although this model is subject to corporate tax, the benefits from staking may offset some of this, particularly in the long run.
According to expert James Seyffart (#Bloomberg ), this is a "smart move" to incorporate staking into ETFs – something even BlackRock considers necessary for a more complete product.
This is a positive signal for the crypto market: staking is gradually being recognized as a legitimate and essential part of digital asset investment, paving the way for more innovative products in the future. #anhbacong