menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Cryptography News

>

REX Shares...
source image

Coindoo

1M

read

236

img
dot

Image Credit: Coindoo

REX Shares Files Effective Prospectus for Solana and Ethereum Staking ETFs

  • REX Shares has filed an effective prospectus for Solana and Ethereum staking ETFs, allowing them to sidestep rigorous processes for spot crypto ETFs.
  • The ETFs, named REX-OSPREY™ ETH + STAKING ETF and REX-OSPREY™ SOL + STAKING ETF, will be listed on NASDAQ under tickers ISK for Ethereum and SSK for Solana.
  • The funds will gain spot exposure through Cayman Islands-based subsidiaries to enable staking yields while navigating U.S. regulatory constraints.
  • While this offers speed in market debut, there may be more efficient vehicles in the long term pending IRS guidance on grantor trusts supporting staking as well.

Read Full Article

like

14 Likes

For uninterrupted reading, download the app