REX Shares and Osprey Funds have filed an N-1A registration with the SEC to launch the first U.S. spot BNB ETF with staking. The ETF aims to trade on the Cboe BZX and could provide additional returns for investors.
First U.S. Spot BNB ETF Proposal
REX Shares and Osprey Funds have filed with the SEC to launch the first U.S. spot BNB ETF. The ETF will offer exposure to the BNB price on the Cboe BZX. Staking functionality is expected to enhance returns for investors by utilizing staking protocols.
The ETF proposes processing in cash instead of in-kind supplies. Expected trading could commence on November 9, according to analyst James Seyffart.
Market Reaction to BNB
Following the announcement, BNB rebounded by about 2.5-3%, reflecting investor optimism. Market players anticipate the SEC's response, but no official regulatory comments have been issued as of the filing date.
Historical ETF Successes and Market Impact
Did you know? The REX-Osprey Solana Staking ETF previously exceeded $133 million in AUM shortly after launch, showcasing the potential demand for staking ETFs. As of August 27, 2025, BNB was priced at $858.25, having increased by 1.70% in the past 24 hours based on CoinMarketCap data. Its market cap stands at $119.54 billion, with a 24-hour trading volume of $2.38 billion, indicating consistent investor interest. BNB's market dominance is 3.09%.
Historical trends indicate that potential regulatory clarifications will boost investor confidence. Increased institutional interest in Layer 1 assets like BNB and SOL may positively impact BNB's valuation in both the short and medium terms.
The approach by REX Shares and Osprey Funds to launch a spot BNB ETF with staking may transform the landscape of institutional investment in cryptocurrencies, boosting interest in assets like BNB.
