REX Shares has filed a prospectus with the SEC for two ETFs focused on staking Ethereum (ETH) and Solana (SOL). This approach, utilizing a 40-Act filing instead of the traditional 19b-4 process, aims to expedite regulatory approval.
The filing signifies progress in the cryptocurrency investment landscape in the United States, as the SEC recently affirmed staking is not classified as a security, allowing REX Shares to proceed with this innovative structure.
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