Two U.S.-based firms, REX Shares and Osprey Funds, have officially filed with the SEC to launch the first ever spot BNB ETF in the United States. This innovative fund is expected to list on the Cboe BZX exchange, offering investors exposure to Binance Coin’s (BNB) price through a unique staking mechanism designed to maximize returns. The initiative could significantly boost BNB’s market presence and attract more institutional investment, echoing the success of their previous Solana-based ETF launch. 📈 This new fund will process in cash instead of directly using BNB tokens for investors’ enhanced liquidity and potentially higher yield due to utilizing liquid staking protocols. Analyst James Seyffart predicts trading might begin by November 9th, 2025. The filing has triggered a positive response from BNB’s market performance, with the coin rallying around 2.5–3%. Notably, the SEC has yet to issue any official comments on the proposal, and further regulatory responses are awaited.