A new wave of crypto-based ETFs could soon reach U.S. markets, as asset manager REXShares has submitted a fresh filing for funds tied to Solana (SOL) and Ethereum (ETH) staking rewards.
The announcement came from Bloomberg ETF analyst James Seyffart, who noted the unusual regulatory path these products are taking.
According to Seyffart, these ETFs fall under the Investment Company Act of 1940—commonly referred to as the “’40 Act”—which governs mutual funds and similar investment vehicles. Unlike traditional spot crypto ETFs that require a separate 19b-4 rule change filing with the Securities and Exchange Commission (SEC), these staking ETFs bypass that hurdle by using a pre-approved fund structure.
The launch date for the proposed funds has not yet been confirmed, though Seyffart hinted they could debut in the coming weeks. If successful, these products would mark a significant shift in how U.S. investors access staking-based crypto yields via regulated financial instruments.
By structuring the ETFs under the ’40 Act, REXShares may be able to sidestep some of the regulatory friction that has slowed the approval of other crypto ETFs—especially those dealing with staking, which the SEC has scrutinized as potentially involving securities laws.
The move signals growing interest in bringing staking returns into traditional investment vehicles, especially as demand for yield-generating crypto exposure continues to rise among institutional and retail investors alike.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over 8 years of experience covering the crypto, blockchain and fintech industries, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics.
Source: https://coindoo.com/staking-etfs-for-solana-and-ethereum-may-hit-u-s-market-sooner-than-expected/