REX Shares and Osprey Funds (REX-Osprey) have filed with the Securities and Exchange Commission (SEC) to seek approval for a BNB ETF with staking yield. This move comes amid asset managers accelerating the rollout of crypto ETF products and barbell strategy for generating income from staking.
According to the filing, the REX-Osprey BNB + Staking ETF will allocate at least 80% of its capital to BNB, the native token of the Binance ecosystem, or through a subsidiary in the Cayman Islands to access this asset. The remaining capital may be invested in other ETFs or trading products that provide additional exposure to BNB.
BNB is staked on Binance Chain, which uses a proof-of-staked-authority consensus mechanism, and is expected to generate an annual yield of 0.5% to 3% for the network's validators.
If approved, this new ETF will differ from the BNB Chain Trust fund launched by Osprey Funds in 2024. While both provide exposure to BNB, the BNB Chain Trust is only available to accredited investors, with a minimum purchase amount of 10,000 USD.
The fund plans to stake all of its BNB holdings, but only when the advisor ensures that the illiquid asset ratio is below 15% of the total portfolio – a limit designed to ensure that investors can still withdraw cash. Anchorage Digital Bank will act as the custodian for BNB, related holdings, and the fund's liquid staking tokens.
REX-Osprey BNB + Staking ETF has many similarities with another BNB ETF proposed by VanEck in May 2025 – the first BNB fund submitted in the US. VanEck is also seeking permission to leverage staking yields from BNB.
ETF activity is back in full swing
According to data from SoSoValue.com, trading by investors in crypto ETFs in the U.S. has surged in recent months. Bitcoin ETFs recorded inflows of $3 billion in April, rising to $6 billion in July. Meanwhile, Ether ETFs reached inflows of $5.4 billion in July and $3.7 billion as of mid-August.
During the week of August 15th, Bitcoin and Ether ETFs recorded the highest consolidated trading volume ever. Specifically, the Ether ETF reached approximately 17 billion USD in trading volume – a figure that, according to an ETF expert at Bloomberg, "breaks all previous records."
While many investors are looking forward to the "altcoin season", analysts at Bitfinex believe that a strong price increase of these tokens will only occur if more crypto ETFs are approved by the SEC.
The altcoins on the ETF approval waiting list from the SEC include Solana, Official Trump, and Sui.
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REX-Osprey filed an ETF BNB application with staking as the monthly capital flow rises to the sky.
REX Shares and Osprey Funds (REX-Osprey) have filed with the Securities and Exchange Commission (SEC) to seek approval for a BNB ETF with staking yield. This move comes amid asset managers accelerating the rollout of crypto ETF products and barbell strategy for generating income from staking.
According to the filing, the REX-Osprey BNB + Staking ETF will allocate at least 80% of its capital to BNB, the native token of the Binance ecosystem, or through a subsidiary in the Cayman Islands to access this asset. The remaining capital may be invested in other ETFs or trading products that provide additional exposure to BNB.
BNB is staked on Binance Chain, which uses a proof-of-staked-authority consensus mechanism, and is expected to generate an annual yield of 0.5% to 3% for the network's validators.
If approved, this new ETF will differ from the BNB Chain Trust fund launched by Osprey Funds in 2024. While both provide exposure to BNB, the BNB Chain Trust is only available to accredited investors, with a minimum purchase amount of 10,000 USD.
The fund plans to stake all of its BNB holdings, but only when the advisor ensures that the illiquid asset ratio is below 15% of the total portfolio – a limit designed to ensure that investors can still withdraw cash. Anchorage Digital Bank will act as the custodian for BNB, related holdings, and the fund's liquid staking tokens.
REX-Osprey BNB + Staking ETF has many similarities with another BNB ETF proposed by VanEck in May 2025 – the first BNB fund submitted in the US. VanEck is also seeking permission to leverage staking yields from BNB.
ETF activity is back in full swing
According to data from SoSoValue.com, trading by investors in crypto ETFs in the U.S. has surged in recent months. Bitcoin ETFs recorded inflows of $3 billion in April, rising to $6 billion in July. Meanwhile, Ether ETFs reached inflows of $5.4 billion in July and $3.7 billion as of mid-August.
During the week of August 15th, Bitcoin and Ether ETFs recorded the highest consolidated trading volume ever. Specifically, the Ether ETF reached approximately 17 billion USD in trading volume – a figure that, according to an ETF expert at Bloomberg, "breaks all previous records."
While many investors are looking forward to the "altcoin season", analysts at Bitfinex believe that a strong price increase of these tokens will only occur if more crypto ETFs are approved by the SEC.
The altcoins on the ETF approval waiting list from the SEC include Solana, Official Trump, and Sui.
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