Bloomberg ETF analyst: Rex Solana ETF applies to transform into a registered investment company

Crypto 7x24

2025-08-30 10:11:46

1.70W

According to online reports, Bloomberg ETF analyst Eric Balchunas said that the Rex Solana ETF is transforming from a Class C company to a Registered Investment Company (Registered Inv Co) to eliminate tax drag and give it a greater advantage in competition. Meanwhile, the Solana Spot ETF, which includes Rex, today submitted its third amendment, and approval is almost certain.

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