SEC Warns Staked Solana And Ethereum Funds May Not Qualify As ETFs

Asset manager RexShares’ move to become the first to launch a staked Solana and Ethereum fund in the US has hit a roadblock. The US Securities and Exchange Commission (SEC) sent a letter explaining why these funds may not qualify as ETFs. SEC Replies To RexShares On Staked Solana & Ethereum Funds According to a

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