Solana and Ethereum Staking ETFs Near U.S. Launch
- REX Shares has filed for Solana and Ethereum staking ETFs.
- Anticipated launch in the U.S. within weeks.
- Funds structured as C-corporations under the 40-act.
- Potential to increase market liquidity and attract investors.
- Staking ETFs could follow the success of Bitcoin and Ethereum ETFs.
REX Shares to Launch First U.S. Crypto Staking ETFs
The filing by REX Shares introduces the first Solana and Ethereum staking ETFs to the U.S. market. Industry expert James Seyffart highlighted the potential launch within weeks. This marks a significant step in crypto ETF evolution.
The proposal involves creating the funds as C-corporations under the 40-act, allowing them to bypass the traditional 19b-4 process. REX Shares, known for innovative ETF structures, is positioning to capture retail and institutional interest.
Potential Market Boost from Solana and Ethereum ETFs
Market anticipation is high as these ETFs could bring new capital into Ether and Solana. The launch may increase liquidity and attract both retail and institutional investors seeking staking yields through regulated options.
Financial experts believe increased exposure in Ethereum and Solana could drive further adoption of staking products. This movement is expected to align with ongoing institutionalization of crypto assets.
Staking ETFs Could Follow Bitcoin and Ether Success
Previous ETF launches, such as spot Bitcoin and Ethereum ETFs, resulted in substantial asset inflows and market legitimacy. Similar results are anticipated with the proposed Solana and Ethereum staking ETFs.
Experts, including those from Bloomberg, predict increased staking participation and market dynamics, aligning with past ETF-induced trends. This move could substantially impact both blockchain ecosystems.
James Seyffart, ETF Analyst, Bloomberg, “BIG NEWS: @REXShares just filed an effective prospectus for Solana and Ethereum staking ETFs to list here in the US. Don’t know launch date but could be within the next few weeks. These are 40-act funds with a unique structure and do not go through the 19b-4 process.”
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