REX Shares & Osprey Funds Seek SEC Approval for BNB Staking ETF

Two firms, REX Shares and Osprey Funds, have filed with the Securities and Exchange Commission (SEC) to launch a Binance-based staking ETF. This move aims to bridge the gap between decentralized finance (DeFi) and institutional investment opportunities in cryptocurrencies. The SEC filing follows clear guidelines on liquid staking tokens, paving the way for regulated access to Binance’s native token, BNB, through this novel product.