In a world where the mundane reigns supreme, behold the audacious leap of RexShares! This asset management firm, with dreams as vast as the cosmos, has dared to file a prospectus for Solana and Ethereum staking ETFs in the land of the free—yes, the United States! 🌍
Unlike the ho-hum approaches of its peers, RexShares has opted for a model that dances to the beat of its own drum. Forget the usual 19b-4; this is a 40-Act fund, a structure as unique as a snowflake in July! ❄️
Now, when will these financial marvels grace our screens? The crystal ball remains murky, but our dear analyst, James Seyffart, hints that we might not have to wait long—perhaps just a few weeks! ⏳
And let’s not forget the timing! This filing comes hot on the heels of the SEC’s revelation that Proof-of-Stake protocol staking is not, I repeat, NOT a security. Who knew? 🤷♂️
James Seyffart, in his infinite wisdom, has remarked on the cleverness of RexShares’ approach. “As you can see in the screenshot above,” he muses, “they will…” Well, you’ll have to read more at Coingape.com to find out! 📈
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2025-05-31 02:45