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U.S. Nears Approval of Groundbreaking Solana Staking ETF

  • The U.S. is close to approving a groundbreaking Solana staking ETF, structured in a unique way to avoid standard regulatory filings.
  • REX's approach bypasses the usual 19b-4 process and utilizes a distinctive c-corp model, which has now gained acceptance from the SEC.
  • The ETF, set to be the first-ever staked crypto ETF, offers exposure to Solana and on-chain staking rewards, with an imminent launch expected.
  • Demand is rising for yield-generating ETFs, and REX's upcoming fund could be the first to provide staking opportunities in the crypto ETF space.

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