REX Shares Launches New Solana & Ethereum Staking ETFs – Access to Crypto Yield

A significant development in the world of crypto investment has emerged, as REX Shares has filed for groundbreaking U.S. exchange-traded funds (ETFs) that will provide access to the potential of Proof-of-Stake (PoS) networks. These new ETFs offer investors a way to potentially benefit from both price appreciation and yield generation through staking mechanisms. REX Shares’ filings target Solana and Ethereum, two major PoS blockchains known for their scalability and DeFi capabilities. 2023 has seen increased institutional interest in these funds, especially after the SEC granted approval for Bitcoin ETFs.