Bloomberg ETF analyst: Rex Solana ETF application transformed into a registered investment company

GateNews
REX-3,11%
SOL-2,5%

Golden Finance reports that Bloomberg ETF analyst Eric Balchunas stated that the Rex Solana ETF is transitioning from a C corporation to a registered investment company (Registered Inv Co) to eliminate tax burdens, thus gaining a competitive advantage. At the same time, the Solana Spot ETFs, including Rex, submitted their third amended filing today, and approval has almost become a certainty.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments