Rex Moves to Cut Tax Drag on Solana Fund as Spot ETFs Near Approval

The Rex Solana ETF is shifting from a C Corporation to a Registered Investment Company (RIC), a move expected to reshape its cost structure and align it with upcoming spot Solana exchange-traded funds (ETFs).  The change, first reported by Bloomberg ETF analyst Eric Balchunas, is intended to eliminate the tax drag that currently affects the […] The post Rex Moves to Cut Tax Drag on Solana Fund as Spot ETFs Near Approval appeared first on Coin Edition.