Solana ETF Gets Major Overhaul: What Does REX-Osprey’s Move Mean?

TLDR REX-Osprey has converted its Solana ETF to a regulated investment company structure. The new structure eliminates federal and state taxes at the fund level, improving tax efficiency. Investors will now pay taxes individually, avoiding the double taxation that occurred under the previous C-Corp structure. The conversion aligns the Solana ETF with the typical U.S. [...]

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