Balajal_i
vip

The SEC questions the legality of REX's proposed staking ETFs for Ethereum and Solana due to concerns about investment company status and filing strategy. The launch is delayed until the SEC gives a clear go ahead. Regulatory uncertainty surrounds staking and its regulation in the crypto space. REX Financial is willing to work with the SEC to address concerns. The firm won't launch the funds until they receive approval. The SEC's concerns highlight ongoing uncertainty around staking. More straightforward attempts to allow staking in a US ETF may ultimately be successful. Investors are closely watching the situation. Crypto market awaits clarity.

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Balajal_ivip
· 06-03 08:17
Strategy plans to issue 2.5 million preferred shares to purchase Bitcoin (BTC), expanding its cryptocurrency holdings. This strategic move aims to leverage growing demand for Bitcoin and potentially generate significant returns
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