REX Shares and Osprey Funds applied for SEC approval for a BNB staking ETF. This event may significantly impact cryptocurrency investments.
ETF Application for BNB Staking
On August 26, 2025, REX Shares and Osprey Funds filed for SEC approval to launch a BNB staking ETF. This ETF offers U.S. investors direct access to staking yields, indicating potential regulatory support for new financial products.
Impact on the Cryptocurrency Market
Following the announcement, BNB's price increased by 2.5%, reflecting positive market sentiment and potential institutional backing. This event may reshape the landscape for crypto investments, appealing to both retail and larger investors.
Prospects for Institutional Investors
Approval of the ETF could draw over $500 million into BNB, influencing asset strategies among institutional investors. The success of the Solana staking ETF, which quickly amassed $133 million, also fosters optimism: 'The filing is reminiscent of the successful Solana ETF and could mark a watershed for institutional staking products,' said Bloomberg ETF analyst Eric Balchunas.
The application for a BNB staking ETF could represent a significant step in integrating digital assets into regulated investment products and foster further development of the cryptocurrency market.
