Haciyev Reşit 
A new step has been taken in the crypto ETF market as asset managers REX Financial and Osprey Funds have filed an application with the U.S. Securities and Exchange Commission (SEC) for a BNB staking ETF.
Key Details of the ETF
The fund will be named the REX-Osprey BNB + Staking ETF. At least 80% of assets will be invested in BNB and BNB-related products, while at least 40% will be allocated to other ETFs and products. Initial investments include the 21Shares Binance BNB ETP, listed in Switzerland, and the planned REX-Osprey Binance BNB ETP.
If approved, the fund will trade on the Cboe BZX Exchange. Investors will earn additional income from staked BNB, but the staked assets will be subject to a seven-day unbonding period.
Previous Solana ETF Experience
Back in June, REX-Osprey launched the Solana Staking ETF, which became the first ETF in the U.S. to provide staking rewards. The product holds SOL through a Cayman Islands subsidiary and aims to stake at least 50% of its assets. Unlike a traditional spot ETF, it is structured under the Investment Company Act and taxed as a C-Corp.
BNB’s Market Position
BNB is the fifth-largest cryptocurrency by market capitalization. It recently reached an all-time high of $899. Previously, VanEck also filed with the SEC to launch the first U.S. spot BNB ETF. At the time of writing, BNB is trading at $859.
Overall Assessment
This initiative is seen as part of asset managers’ efforts to expand the crypto investment landscape through staking-based ETF products. The goal is both to provide traditional investors with access to staking yields and to attract new institutional liquidity into the crypto market.
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