The first Ethereum and Solana staking exchange-traded funds (ETFs) could debut in the United States within a matter of weeks, following a recent filing by ETF provider REX Shares that used “regulatory workarounds,” according to ETF analysts.
The staking component has been highly anticipated for spot Ether (ETH) ETFs since their launch in July 2024, with some industry executives arguing the product feels incomplete without it.
REX Shares filings have a “unique structure”
“These ETFs are structured as c-corps. Which is very rare in the ETF world,” ETF analyst James Seyffart said of the REX Shares filing in a May 30 X post.
“Don’t know the launch date, but it could be within the next few weeks.”
REX Shares explained in the filing that the fund “is classified as a C-corporation for tax purposes, and, as such, will incur current and deferred tax expenses.
“Such current or deferred tax liabilities, if any, will be…
