💥 Hot news: REX-Osprey has officially submitted an application to launch the BNB + Staking ETF to the SEC.
This new fund is named REX-Osprey™ BNB + Staking ETF, which will be listed on the Cboe BZX Exchange (ticker not yet announced). The fund's objective is to reflect the price performance of BNB (Binance Coin) at a 1:1 ratio, while also adding the staking rewards from BNB.
If approved, this will be the first ETF combining BNB staking, opening an institutional investment channel for BNB and increasing the legitimacy of staking in the traditional market.
👉 What do you think, will the SEC nod quickly like the BTC ETF, or will it be a long journey full of drama?