Rex Osprey Submits BNB Staking ETF to US Securities and Exchange Commission
Rex Shares and Osprey Funds, collectively known as Rex-Fosprey, have submitted a proposal to the US Securities and Exchange Commission (SEC) for a BNB stock exchange fund (ETF) that incorporates staking returns. This development comes as asset managers increasingly apply pressure to introduce crypto ETFs and earnings generation strategies. The proposed Rex-Fosprey BNB + Staking ETF would allocate at least 80% of its capital to BNB, the native token of the Binance ecosystem, or gain exposure to the asset through a subsidiary based in the Cayman Islands.
The remaining assets could be invested in other ETFs or exchanged products that offer additional BNB exposure. BNB, which operates on the Binance chain using a proof-of-authority consensus mechanism, is expected to generate annual yields of 1.5% to 3% for the network’s validators. This new ETF, if approved, would potentially replace the BNB Chain Trust offered by Osprey Funds, which was introduced in 2024 but requires a minimum investment of $10,000 and is only available to accredited investors.
The fund intends to hold BNB directly, but only if its advisor can maintain illiquid assets below 15% of the portfolio, a regulatory threshold that allows investors to continue redeeming their shares for cash. Anchorage Digital Bank has been appointed as the custodian for the fund’s BNB holdings, associated participations, and liquid integration token.
Increasing Demand for Crypto ETFs
The Rex Fosprey BNB + Staking ETF is similar to another BNB ETF proposed in May 2025 by asset manager Vaneck-DEM in the USA, which also seeks permission to utilize BNB staking. According to data from Sosovalue.com, investor interest in US crypto ETFs has been gaining momentum in recent months, with Bitcoin (BTC) ETFs recording monthly inflows of $3 billion in April and $6 billion in July. Ether (ETH) ETFs saw an inflow of $5.4 billion in July and $3.7 billion in August.
In the week of August 15, Bitcoin and Ether ETFs recorded their highest combined trading volume, with Ether ETFs alone seeing trades of around $17 billion, a number that, according to a Bloomberg ETF analyst, represented a “blowing record.” As many crypto enthusiasts await, Bitfinex analysts suggest that a significant rally in such tokens can only occur if more crypto ETFs are approved in the USA.
Altcoins in Waiting
Altcoins, including Solana (SOL), Trump (TRUMP), and SUI (SUI), are among those presented in ETFs awaiting a decision by the SEC. The increasing demand for crypto ETFs and the potential approval of new funds could significantly impact the market, offering investors more diverse investment opportunities and potentially driving growth in the crypto sector.
For more information on the Rex Osprey BNB Staking ETF and the growing demand for crypto ETFs, visit https://cointelegraph.com/news/rex-osprey-bnb-staking-etf-inflows?utm_source=rss_feed&utm_medium=rss_tag_altcoin&utm_campaign=rss_partner_inbound
