Heads up, crypto fam! REXShares just filed paperwork for some sick new staking ETFs on Ethereum and Solana, and things could get real spicy as soon as June 2025.
Bloomberg’s ETF analyst James Seyffart spilled the tea on X, saying, “No exact launch date, but could drop within weeks.” The secret sauce? The filing uses a phrase that lets the ETFs go live immediately after filing — no waiting game with the SEC.
These aren’t your usual ETFs. They’re built under the 1940 Act as C-corps, letting them stake over 50% of their ETH and SOL and pass those juicy staking rewards directly to investors. Talk about passive income vibes.
But wait, the SEC’s throwing some shade — calling the filings “improper” and “potentially misleading.” They’re worried it might confuse folks. Plus, no clear staking start date means investors might still be on edge.
Will these staking ETFs be the next big thing or just another SEC headache? Stay tuned.
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