REX Shares and Osprey Funds aim to launch a unique ETF focused on the MOVE digital asset.
Details on MOVE ETF
Investment managers REX Shares and Osprey Funds have filed to list an ETF tracking the performance of MOVE – the digital asset of Movement Network. The official SEC notes reveal that the proposed ETF would invest at least 80% of its assets in MOVE or related instruments, using a blend of direct holdings and derivatives. This application follows multiple other ETF filings by the companies in January.
MOVE Price Surge
MOVE experienced a notable surge of over 4% following the ETF announcement, rising from $0.46 to over $0.50. As of now, it is trading at $0.48 with a market cap of $1.15 billion.
MOVE Integration into WLFI Project
MOVE was added to the Trump family’s World Liberty Financial (WLFI) project in January 2025. According to Arkham Intelligence data, WLFI currently holds over 7.5 million MOVE tokens worth approximately $3.77 million.
The launch of the MOVE ETF by REX Shares and Osprey Funds marks a significant development in expanding investment opportunities in digital assets. With the price surge of MOVE following the announcement and support from projects like WLFI, this event could influence future market dynamics.
