Rexshares management company has taken an ambitious step to present a Solana and Ethereum Staking ETF constructions in the United States. Unlike other investment companies that follow similar products, Rexshares has chosen an unconventional application model for this product.
Rexshares Solana and Ethereum Staking Etf
and X post James Sevart, a large ETF analyst in Bloomberg, revealed that this deposit is not the typical 19B-4 that can be obtained in the traditional ETF chase. As shown, these are 40 exercise boxes with a unique brown.
Although the date of launch is not clear from the deposit, the analyst suggests that these products may be alive in the next few weeks. This deposit comes shortly after the confirmation of the US Securities and Stock Exchange Committee (SEC) Smoke protocol is not securities.
Commenting more on the Rexshares file, James Sevart pointed to the intelligence of the approach.
“As you can see in the screenshot above, they will get their exposure to ETH and Sol through Cayman companies. All this, assuming that they are launched in the near future, is a set of smart legal and regulatory currencies to obtain these products to the market,” said at The X Post.
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Godfrey Benjamin
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