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August 28, 2025Coinpaper logoCoinpaper

REX-Osprey Seeks Approval for BNB Staking ETF

The REX-Osprey BNB + Staking ETF will allocate most of its capital to BNB directly or through a Cayman Islands subsidiary, with staking expected to generate yields between 1.5% and 3%. The filing was made amid surging interest in crypto ETFs, with Bitcoin and Ethereum products seeing record inflows and trading volumes over the past few ￰0￱ ETF Race Heats Up REX Shares and Osprey Funds jointly filed with the US Securities and Exchange Commission (SEC) to launch a BNB exchange-traded fund (ETF) that incorporates staking ￰1￱ proposed REX-Osprey BNB + Staking ETF will allocate at least 80% of its capital to BNB, the native token of the Binance ecosystem, or gain exposure through a Cayman Islands subsidiary, while the remainder could be invested in other ETFs or exchange-traded products tied to ￰2￱ on the Binance Chain, which uses a proof-of-staked-authority model, is estimated to generate yields of 1.5% to 3% annually for validators.

REX-Osprey’s filing with the SEC This product will be different from Osprey Funds’ existing BNB Chain Trust , which was launched in 2024 for accredited investors with a $10,000 minimum ￰3￱ the trust intends to stake all of its BNB, it must still stick to regulatory restrictions that prevent illiquid assets from exceeding 15% of the ￰4￱ Digital Bank has been appointed custodian for the proposed ETF’s BNB, related holdings, and liquid staking ￰5￱ REX-Osprey filing was made after a similar proposal from VanEck in May of 2025, which was the first attempt to introduce a BNB ETF in the United States. Additionally, the broader market for crypto ETFs has been gaining traction, with Bitcoin ETFs recording monthly inflows between $3 billion and $6 billion in recent months, while Ethereum ETFs saw $5.4 billion of inflows in July and another $3.7 billion so far in ￰6￱ volumes also surged, with Ethereum ETFs alone generating around $17 billion in trades during mid-August, setting new records according to Bloomberg ￰7￱ flows for ETH ETFs () As interest builds, analysts at Bitfinex suggest that a true rally for altcoins may depend on more approvals of crypto ETFs in the ￰8￱ BNB, several other altcoins, including Solana, TRUMP, and SUI, are awaiting regulatory decisions on ETF applications.

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