Rex Shares Launches Groundbreaking Staked Solana ETF – First of Its Kind in the US
Wall Street meets Web3 as Rex Shares drops the first staked Solana ETF on US markets. Traders now get crypto yield without the wallet headaches—just don’t ask about the fees.
Why it matters: Institutional investors finally have a backdoor into staking rewards. No keys, no hassle, and (of course) a tidy middleman cut.
The fine print: While Solana bulls cheer the legitimacy boost, crypto purists will groan at another centralized gateway. The product tracks staked SOL performance while skirting direct asset ownership—classic financialization of decentralization.
Bottom line: A watershed moment for crypto adoption, packaged with the irony of traditional finance co-opting DeFi’s flagship innovation. The SEC didn’t block it? Consider that your bullish signal.
