REX Shares, in partnership with Osprey Funds, recently submitted a proposal to teh U.S. Securities and exchange Commission (SEC) for a new BNB Staking ETF.
this initiative mirrors the success of their Solana Staking ETF, aiming to provide investors with access to BNB while also earning staking rewards. The filing occurred on Aug. 26, building on the possibility of quick SEC approval thanks to adherence to the Investment Company Act of 1940 guidelines.
By leveraging a C-corporation and a Cayman Islands subsidiary, this ETF can safely custody and stake BNB, passing along typical annual yields of 3-5% as dividends.
- Custody and staking processes may involve regulated partners like Anchorage Digital.
- The filing follows the launch of the Solana Staking ETF, which garnered over $133 million in assets within months.
Analyst Eric Balchunas emphasized the parallels between this new filing and the Solana ETF. Potential approval could lead to a swift launch, establishing the product as one of America’s first regulated BNB staking offerings.
Interest in BNB among institutions has grown recently, with around 30 companies now holding nearly $800 million worth as a treasury asset by Q2 2025.
however, SEC worries about market manipulation and custody hurdles linger, as evidenced by delays in other altcoin ETF applications.
Nonetheless, the filing underscores increasing traction for such products and could prove pivotal for integrating BNB into conventional finance.
