Altcoins News
By Pankaj K
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REX Shares Files “Very Rare” ETF Structure. ETF analyst James Seyffart noted in a post on X (formerly Twitter) on May 30 that the REX Shares…
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Legal and Regulatory Workarounds. This development comes as the SEC remains cautious about ETFs that involve staking.
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Why Staking Matters in Crypto ETFs. Including staking in ETFs has been one of the most sought-after advancements in the crypto…
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What’s Next for Ethereum and Solana ETFs?. The arrival of staking-enabled ETFs could mark a major step forward in digital asset investing.
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The cryptocurrency investment space may soon experience a major shift, as Ethereum (ETH) and Solana (SOL) staking exchange-traded funds (ETFs) are expected to make their U.S.
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REX Shares’ strategy is being described as a clever workaround to existing oversight challenges.
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ETF analyst James Seyffart noted in a post on X (formerly Twitter) on May 30 that the REX Shares ETFs are “structured as C-corporations,” a rare choice in the ETF landscape.
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“These ETFs are 40-act funds with a unique structure and do not go through the 19b-4 process,” Seyffart explained.
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The company also mentioned that these funds would bear current and deferred tax expenses, which will be reflected in their Net Asset Value (NAV).
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This development comes as the SEC remains cautious about ETFs that involve staking. Just earlier in May, the SEC delayed its decision on Bitwise’s application to add staking to…
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In contrast, REX Shares has structured its funds using Cayman Islands subsidiaries to gain spot exposure to ETH and SOL.
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Nate Geraci, President of The ETF Store, supported this view, stating, “it looks like two crypto ETF introductions are imminent.
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BlackRock’s Head of Digital Assets, Robbie Mitchnick, acknowledged this limitation earlier this year.
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If approved, REX Shares’ ETFs would be among the first in the U.S. to provide this additional yield mechanism, potentially making them more appealing to a broader range of…
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With analysts describing their debut as "imminent," market participants are closely watching for final SEC feedback.
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