REX Shares | Crypto

REX Shares announced in a July 31 post that its REX-Osprey SOL + Staking ETF (SSK) will make its first monthly distribution on Aug. 1, paying $0.12169 per share and passing through 100% of staking rewards. With 5,075,000 shares outstanding, the inaugural payout totals approximately $618,000. The issuer described the event as the first time […] The post REX Shares’ Solana ETF to payout over over $600k in first staking-based dividend on Aug 1 appeared first on CryptoSlate.

REX Shares spot Solana staking exchange-traded fund (ETF) is poised to become the first SOL ETF to begin trading in the United States, potentially as early as this week. Bloomberg senior ETF analyst Eric Balchunas said on June 28 that the company’s latest filing with the U.S. Securities and Exchange Commission (SEC) indicates it is […] The post REX Shares’ Solana ETF on the brink of trading launch as SEC readies greenlight appeared first on CryptoSlate.