REX Shares Files for Ethereum, Solana Staking ETFs: New Investment Structure for Crypto-Based Funds

REX Shares has filed with the U.S. Securities and Exchange Commission (SEC) to launch Ethereum and Solana staking exchange-traded funds (ETFs), utilizing a unique C-corporation structure. This filing marks a significant shift in cryptocurrency investment as it aligns traditional finance with the world of crypto innovation. 40-Act funds will be listed on Nasdaq, but an exact launch date remains unclear. These ETFs utilize a Cayman Islands subsidiary to purchase and stake spot Ethereum and Solana, which promises potential benefits from native rewards.