Solana and Ethereum staking ETFs by REX Shares may enter U.S. markets soon, leveraging unique structures.
- REX Shares files Solana and Ethereum staking ETFs for U.S. launch.
- ETFs could hit the market within weeks.
- Potential increase in institutional interest in ETH and SOL.
REX Shares Taps Uncommon 40 Act Structure for ETFs
REX Shares filed for Solana and Ethereum-based staking ETFs with a focus on U.S. regulations. Utilizing an uncommon 40 Act structure, the filing suggests a quicker market entry than usual.
This move involves ETF experts James Seyffart and Eric Balchunas, who emphasize the potential for rapid approval. REX Shares leverages expertise to differentiate these ETFs from previous offerings.
ETFs Aim to Revamp Institutional Interest in Crypto
Industry stakeholders anticipate increased institutional interest due to the compliant access to staked ETH and SOL. These ETFs could alter traditional crypto investment approaches.
The financial sector may experience changes as these ETFs bypass the older 19b-4 process. Observers expect shifts in how institutions engage with digital assets through these innovative funds.
Pivotal Moment for Institutional Staking in Crypto
Spot BTC and ETH ETFs set a precedent for mainstreaming digital asset investments, mirroring past trends with immediate institutional inflows upon their approval.
Experts forecast these filings to prompt significant market interest. Past data and recent developments suggest a likely increase in institutional staking participation once approved.
“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.” — James Seyffart, ETF Analyst, Bloomberg
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