The first funds of ETHEREUM and Solana Stoke Trackded (ETFS) can first in the United States within weeks, following the provision of delayed by the ETF Rex provider who used “regulatory solutions”, according to ETF analysts.
The STAKING ETF SOT ETHER (ETH) component was very expected since its launch in July 2024, where some of the industry executives argued that the product is incomplete without it.
Enjoy the RX files with the participation of “unique brown”
“These traded investment funds are C-Corps. It is very rare in the ETF world,” ETF analyst James Sevart He said From Rex participates in the presentation of May 30.
“I don’t know the date of the launch, but it may be within the next few weeks.”
Rex shares in the deposit showed that the fund “is classified as a group C for tax purposes, and in this way, the current and deferred tax expenses will bear. Such current or deferred tax obligations will be reflected, if any, in the value of the net assets of the fund.”
Cevart explained that Rex suggests Solana (SOL) and Eter Stoke Etfs, “It is 40 pass boxes with a unique brown and does not pass the 19B-4 operation.”
This comes after SEC delayed its decision on BitWise’s request to add Stokeing to ETHER ETF on May 21. At that time, Sivott said the delay was expected because the Supreme Education Council “usually takes full sleep to respond to the 19B-4 file.”
The launch of two ETF encryption
Sevart said that the money will get a spot for the ether and Solana “through the subsidiary companies.”
“All of this, on the assumption that it is launched in the near future, is a set of smart legal and regulatory solutions to obtain these products to the market,” said Sevart.
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“There are positives and negatives of the structure, but it seems that one of the professionals is that this was one of the ways to obtain a level of records from the Supreme Education Council,” said Sefart.
Eching similar feelings, head He said Rex shares took the “final organizational”.
“It seems that two Crypto ETF launcrations and Chican”, explaining that both traded investment funds are seeking to share at least “50 %” from Solana and Ether.
It was a long -awaited feature by many in this industry. On March 20, the head of the Blackrock digital assets, Ruby Miching, described the company as “tremendous success” but acknowledged as major restrictions. Michnik said that ETF is “less perfect” without going into.
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