🚀 REX Shares Submits Prospectus for Solana and Ethereum Staking ETFs
#REXShares #Solana #Ethereum #ETFs #staking #SEC #Ccorporation #Cayman #investing #cryptocurrency #SOL #ETH
According to Odaily, Bloomberg analyst James Seyffart announced on the X platform that REX Shares has filed a prospectus for Solana and Ethereum staking ETFs, which are expected to be listed on the U.S. market in the coming weeks. These funds are products under the 1940 Act and utilize a C-corporation structure instead of the traditional 19b-4 process. Seyffart noted that this approach might be a way to gain some level of approval from the SEC. The ETFs will gain exposure to SOL and ETH spot markets through a Cayman subsidiary, employing a series of innovative legal and regulatory strategies to facilitate their listing. Seyffart also mentioned that even if more efficient structures emerge in the future, this might be the first method to go live.#REXShares #Solana #Ethereum #ETFs #staking #SEC #Ccorporation #Cayman #investing #cryptocurrency #SOL #ETH
🚀 Solana Staking ETF Set to Launch in the U.S.
#Solana #Staking #ETF #REXShares #Cryptocurrency #Investment #SEC #OnChainStaking #OspreyFunds #UnitedStates #SOL
According to Odaily, REX Shares announced on the X platform that the Solana staking ETF, named "REX-Osprey SOL+Staking ETF," is set to launch soon. This ETF aims to track Solana's performance while generating returns through on-chain staking. It is reportedly the first staking cryptocurrency ETF in the United States.
Bloomberg's senior ETF analyst Eric Balchunas revealed on the X platform that the U.S. Securities and Exchange Commission (SEC) has no further comments, indicating readiness for the launch. Previously, the SEC had warned REX Shares and Osprey Funds that their proposed staking Ethereum and Solana ETFs might not meet the legal compliance requirements under the Investment Company Act, as they may not fit the definition of an "investment company."#Solana #Staking #ETF #REXShares #Cryptocurrency #Investment #SEC #OnChainStaking #OspreyFunds #UnitedStates #SOL
🚀 Solana Staking ETF Sees Strong Inflow on First Trading Day
#Solana #Staking #ETF #CboeBZX #Investing #Cryptocurrency #REXShares #OspreyFunds #InstitutionalInterest #SOL #XRP
According to Odaily, the Rex-Osprey Solana+Staking ETF (SSK), the first staking-based Solana exchange-traded fund listed in the United States, attracted approximately $12 million in inflows on its debut trading day at the Cboe BZX Exchange. A spokesperson from REX Shares and Osprey Funds revealed that the ETF aims to provide returns to investors by staking at least half of its assets.
Earlier reports indicated that the ETF's first-day trading volume reached $33 million, outperforming Solana futures ETFs, XRP futures ETFs, and the average performance of standard ETFs. Despite this promising start, Bitwise's senior investment strategist Juan Leon noted that institutional interest in Solana's investment potential remains in its early stages.#Solana #Staking #ETF #CboeBZX #Investing #Cryptocurrency #REXShares #OspreyFunds #InstitutionalInterest #SOL #XRP
🚀 T-REX 2X Long Galaxy Digital ETF Launched by REX Shares and Tuttle Capital
#TREX #GalaxyDigital #ETF #DoubleLeverage #DigitalAssets #REXShares #TuttleCapital #Investing #Finance #StockMarket
According to Foresight News, REX Shares and Tuttle Capital Management have introduced the T-REX 2X Long Galaxy Digital Daily Target ETF, with the ticker symbol GLXU. This ETF is designed to provide double leverage on Galaxy Digital's stock price, a digital asset company co-founded and led by Mike Novogratz.
The fund is part of the "T-REX" lineup of single-stock leveraged ETFs, which now includes 24 other funds tracking popular stocks such as Nvidia, Apple, and Strategy, a Bitcoin investment company. Similar to other single-stock leveraged ETFs, the T-REX 2X Long Galaxy Digital ETF is intended for daily holding, as prolonged holding may result in diminished returns due to volatility decay. The annual fee for the fund is set at 1.5%.#TREX #GalaxyDigital #ETF #DoubleLeverage #DigitalAssets #REXShares #TuttleCapital #Investing #Finance #StockMarket
🚀 REX Shares Launches ETF Tracking Circle Internet Group
#REXShares #ETF #CircleInternetGroup #CBOE #stablecoin #T-REX2X #CCUP
According to Foresight News, REX Shares has announced the launch of an exchange-traded fund (ETF) on the CBOE that tracks the performance of Circle Internet Group, a company known for its stablecoin offerings. The ETF, named T-REX 2 X Long CRCL Daily Target ETF, is listed under the ticker symbol CCUP on the CBOE.#REXShares #ETF #CircleInternetGroup #CBOE #stablecoin #T-REX2X #CCUP
🚀 Solana's Speed May Influence Future of Stablecoins, Says REX Shares CEO
#Solana #Stablecoins #Ethereum #REXShares #GregKing #SOL #ETH
According to Foresight News, Greg King, CEO of asset management firm REX Shares, recently stated that Solana's faster transaction speeds compared to Ethereum could be crucial for the future development of stablecoins.#Solana #Stablecoins #Ethereum #REXShares #GregKing #SOL #ETH
🚀 Rex Shares Proposes BNB Staking ETF
#RexShares #BNBStaking #BNB #ETF #ETFs #PANews #EricBalchunas #Bloomberg #CryptoETF
According to PANews, Bloomberg ETF analyst Eric Balchunas announced that U.S. asset management firm Rex Shares has filed an application to launch an ETF supporting BNB staking. This move marks a significant development in the ETF landscape, potentially offering investors new opportunities in the cryptocurrency market.#RexShares #BNBStaking #BNB #ETF #ETFs #PANews #EricBalchunas #Bloomberg #CryptoETF
🚀 🔥 Dogecoin News: Dogecoin Jumps 5.1% on ETF Hopes, Outperforms Altcoin Market 🔥
#Dogecoin #DOGE #ETF #altcoins #altcoinseason #Tron #XRP #Fed #RateCut #REXShares #TRX
Key Takeaways:Dogecoin (DOGE) surged 5.1% to $0.22 in the past 24 hours, fueled by REX Shares’ Dogecoin ETF proposal.The rally made DOGE the top gainer among major altcoins, ahead of Tron (+2.4%) and XRP (+2%).Analysts suggest growing odds of a September Fed rate cut could help drive a broader altcoin season.Dogecoin led the altcoin market higher on ETF optimism, gaining 5.1% to reach $0.22 in the last 24 hours, according to ChainCatcher. The move followed news that REX Shares has proposed a Dogecoin ETF, boosting investor sentiment.Other altcoins also posted gains, with Tron up 2.4% and XRP rising 2%, adding to a recovery in overall market sentiment after what analysts called an “overreaction” to recent US unemployment data.Stephen Gregory, founder of Vtrader, said the market may be entering the early stages of an altcoin season. With September Fed rate cut odds above 90% and retail activity picking up, he suggested that the Q3 bear market dip could set up a stronger year-end rebound.#Dogecoin #DOGE #ETF #altcoins #altcoinseason #Tron #XRP #Fed #RateCut #REXShares #TRX
🚀 Solana Staking ETF Achieves Record Asset Management Milestone
#Solana #SolanaStaking #StakingETF #SolanaETF #REXShares #SSK #CryptoETF #AssetManagement #PANews #SOL
According to PANews, the first Solana staking ETF in the United States, launched by REX Shares and trading under the ticker $SSK, has reached a record asset management size of $251 million. This achievement marks a significant milestone for the ETF, reflecting growing investor interest in Solana's staking opportunities.#Solana #SolanaStaking #StakingETF #SolanaETF #REXShares #SSK #CryptoETF #AssetManagement #PANews #SOL
🚀 Dogecoin ETF by Rex Shares-Osprey Now Available
#Dogecoin #ETF #RexShares #Osprey #CoinDesk #ForesightNews #DOJE #DOGE
According to Foresight News, CoinDesk reports that the Dogecoin ETF (DOJE) launched by Rex Shares-Osprey is now live.#Dogecoin #ETF #RexShares #Osprey #CoinDesk #ForesightNews #DOJE #DOGE
🚀 Significant SOL Transfer from REX Shares to Anonymous Address
#SOL #REXShares #Arkham #ChainCatcher #cryptotransfer #anonymousaddress #cryptodata #blockchain
According to ChainCatcher, data from Arkham reveals that at 23:21, a total of 29,500 SOL, valued at approximately $3.86 million, was transferred from REX Shares to an anonymous address beginning with DW2DpE.#SOL #REXShares #Arkham #ChainCatcher #cryptotransfer #anonymousaddress #cryptodata #blockchain
🚀 Leveraged ETFs Target SpaceX and Anthropic IPOs
#LeveragedETFs #SpaceX #Anthropic #IPOs #TuttleCapitalManagement #REXShares #StockMarket #SpaceXIPO #AnthropicIPO #Investment
U.S. asset management firms REX Shares and Tuttle Capital Management are planning to launch leveraged exchange-traded funds (ETFs) linked to the yet-to-be-issued publicly traded common stocks of SpaceX and Anthropic. According to BlockBeats, these ETFs aim to capitalize on two of the most anticipated initial public offerings (IPOs) in the U.S. stock market this year.
Investors holding the T-Rex2x Long SpaceX Daily Target ETF and T-Rex2x Long Anthropic Daily Target ETF will receive returns equivalent to 200% of the daily gains of these companies once they go public. SpaceX and Anthropic are expected to be among the most eagerly awaited IPOs of 2026. SpaceX may file for its IPO within days or weeks, while Anthropic's IPO is anticipated to occur this year.#LeveragedETFs #SpaceX #Anthropic #IPOs #TuttleCapitalManagement #REXShares #StockMarket #SpaceXIPO #AnthropicIPO #Investment