REX Shares has filed an effective prospectus for Solana (SOL) and Ethereum (ETH) staking ETFs in the United States, using a unique C-corporation structure to bypass usual ETF rules.
The ETFs plan to stake at least 50% of holdings, responding to investor demand for regulated crypto staking yield products.
SEC delays on Grayscale’s crypto ETFs have propelled REX Shares’ alternative legal approach, potentially setting a new market precedent.
The innovative ETFs could launch within weeks, aiming to provide spot exposure to Ethereum and Solana through alternative legal routes, creating a potential new precedent for crypto ETF strategies in the U.S. market.