REX Shares, Submission of BNB Staking ETF Application

Son Min

Summary

It has been revealed that REX Shares and Osprey Funds have submitted an application for a BNB Staking ETF to the U.S. SEC.
A Bloomberg ETF analyst predicted that the ETF approval date could be as soon as November 9.
If this exchange-traded fund application is approved, it is expected to improve accessibility to BNB investments.

It has been reported that an application for a Binance Coin (BNB) staking exchange-traded fund (ETF) has been submitted to the U.S. Securities and Exchange Commission (SEC).

According to The Block on the 27th (local time), REX Shares and Osprey Funds submitted a registration application form (N-1A) for a BNB staking ETF to the SEC.

James Seyffart, a Bloomberg ETF analyst, commented on X (formerly Twitter), "The REX Shares-Osprey BNB Staking ETF is expected to be approved as early as November 9."

BNB