REX-Osprey Files for BNB Staking ETF Amid Growing Crypto Demand

REX-Osprey has filed with the SEC for a novel BNB exchange-traded fund (ETF) that would generate income through staking yield.

The proposed fund would invest at least 80% of its assets in Binance’s BNB token, which it intends to stake on the BNB Chain to earn an estimated 1.5% to 3% annual yield.

This ETF would provide a more accessible alternative to the firm’s existing Osprey BNB Chain Trust, which is restricted to accredited investors with a $10,000 minimum.

Anchorage Digital Bank will serve as the fund’s custodian. The filing reflects asset managers’ growing push to offer yield-generating crypto products to a broader market.