REX Shares and Osprey Funds, (REX-Osprey), have applied to the US Securities and Exchange Commission (SEC) for an exchange-traded BNB fund (ETF) with staking yield. This filing is made as asset managers increase their focus on crypto ETFs, yield-generating strategies and other investment vehicles.
The filing states that the REX Osprey BNB+ Staking ETF will allocate at least 80 percent of its capital towards BNB.BNBThe native Binance token (or ) can be used to gain exposure through the Cayman Islands subsidiaries. Other ETFs and exchange traded products that offer additional BNB exposure could be used to invest the remaining assets.
BNB staked on the BNB Chain, which uses a proof-of-staked-authority consensus, is estimated Validators of the network can generate yields between 1.5% and 3% per year.
The ETF could differ, if it is approved, from Osprey Funds BNB chain trust, which was launched in the year 2024. The BNB Chain Trust, while still providing exposure to BNB stocks, is designed for accredited investors with a $10,000 minimum purchase.
Funds are allowed to stake their BNB, as long as they can maintain illiquid assets below 15%. This is a legal threshold that ensures investors have the option to redeem shares in cash. Anchorage Digital Bank is the custodian of all BNB and related tokens, as well as liquid stake tokens.
REX-Osprey Staking + BNB ETF is similar in many ways to another BNB ETF filed in May 2025 by asset manager VanEck — the first BNB fund proposed in the United States. VanEck also wants to be able to take advantage of BNB’s stake yield.
Cointelegraph reached out to Osprey but did not receive a reply at the time this article was published.
Related: Bitwise first in line to file for spot Chainlink ETF
ETF action picks up
Investor trading in US crypto ETFs, according to SoSoValue.com has increased over the last few months. Bitcoin (BTCInflows into ETFs ranged from $3 billion per month in April, to $6 billion for the entire month of July. Ether, on the other hand (ETHThe ETFs have seen a $5.4billion inflow for July. And a $3.7billion inflow to date in August.
Bitcoin ETFs and Ether Funds will be available during the week ending August 15. posted their highest combined trading volume to date. Ether ETFs alone recorded about $17 billion in trades — a figure that, according to a Bloomberg ETF analyst, amounted to “blowing away record.”
Many crypto enthusiasts are waiting “altcoin season,” Bitfinex Analysts say a significant rally among such tokens This may happen only if there are more ETFs for crypto in the US.
Altcoins included in ETFs that are awaiting an SEC decision include Solana.SOL), Official Trump (TRUMPSui (SUI).
Magazine: Altcoin season 2025 is almost here… but the rules have changed
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Source: cointelegraph.com
