REX Shares, in collaboration with Osprey Funds, has filed a proposal with the SEC to launch a BNB ETF that incorporates staking yields.
Features of REX-Osprey BNB + Staking ETF
The proposed REX-Osprey BNB + Staking ETF will allocate at least 80% of its capital to BNB, the cryptocurrency of the Binance ecosystem. The remaining portion may be invested in other ETFs or products linked to BNB. Staking on the Binance Chain is estimated to generate yields between 1.5% and 3% annually.
Comparison with Other Market Products
This product is distinct from the BNB Chain Trust, which Osprey Funds launched in 2024 for accredited investors with a minimum investment of $10,000. The BNB Chain Trust also intends to stake all of its BNB but must adhere to liquidity constraints in its portfolio.
Prospects for Crypto ETFs in the Market
The REX-Osprey filing follows a similar proposal from VanEck in May 2025, indicating the growing interest in crypto ETFs. In recent months, Bitcoin ETFs have recorded monthly inflows ranging from $3 billion to $6 billion, while Ethereum ETFs saw $5.4 billion in July.
The launch of the REX-Osprey BNB + Staking ETF could signal further development of interest in crypto ETFs and a positive impact on the altcoin market.