REX-Osprey™ Announces Conversion of SSK ETF to Regulated Investment Company (RIC) Structure

REX-Osprey Restructures Solana ETF to Cut Double Taxation

The post REX-Osprey Restructures Solana ETF to Cut Double Taxation appeared on BitcoinEthereumNews.com. Altcoins REX-Osprey has revamped its Solana-linked exchange-traded fund with a structural shift designed to make the product more appealing to U.S. investors. The fund, formerly organized as a C-Corporation, is now classified as a regulated investment company (RIC) — a move that took effect September 1. Ending Double Taxation The restructuring…

REX-Osprey converts Solana ETF to tax-efficient structure

REX-Osprey has revamped its Solana exchange-traded fund (ETF) to boost investor appeal, with the changes taking effect on September 1. The overhaul aims to improve tax efficiency for holders. The SSK Solana + Staking ETF has converted from a C-Corporation structure to a Regulated Investment Company...

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

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. ETF model, benefiting both retail and institutional investors. Assets under ma…

REX-Osprey Converts Solana ETF SSK Into New Fund Structure

REX-Osprey has revealed a significant modification to its exchange-traded fund (ETF) based on Solana. The conversion took effect on September 1 and aims to make the fund more tax efficient for investors. REX-Osprey’s Solana ETF Conversion Simplifies Tax Structure and Expands Investor Appeal According to the official statement, the SSK SOL + Staking ETF has The post REX-Osprey Converts Solana ETF SSK Into New Fund Structure appeared first on Coin…

REX-Osprey™ Announces Conversion of SSK ETF to Regulated Investment Company (RIC) Structure

REX-Osprey™, a strategic collaboration between REX Shares and Osprey Funds, today announced that the REX-Osprey™ SOL + Staking ETF (Ticker: SSK) has converte...