TLDR
- Rex Osprey filed SEC application for BNB staking ETF offering 1.5-3% annual yields to investors
- Fund will allocate 80% of capital to BNB tokens through Cayman Islands subsidiary structure
- B Strategy launched $1 billion BNB treasury fund positioning as “Berkshire Hathaway” of BNB ecosystem
- BNB price trades at $864.68 with technical analysis pointing to $1,147 and $1,400 targets
- Filing follows VanEck’s earlier BNB ETF proposal, showing growing institutional demand for regulated BNB products
BNB price continues climbing after Rex Osprey and Osprey Funds filed their SEC application for a BNB staking exchange-traded fund. The proposal represents the second major BNB ETF filing in the United States this year.
The REX-Osprey BNB + Staking ETF would invest at least 80% of its assets in BNB tokens. The fund plans to gain exposure through a Cayman Islands subsidiary to meet regulatory requirements.
Remaining assets could flow into other ETFs or products providing BNB exposure. Anchorage Digital Bank will serve as custodian for all BNB holdings and staking tokens.
BNB staking on the BNB Chain generates yields between 1.5% and 3% annually. The network uses proof-of-stake-authority consensus to validate transactions and distribute rewards.
The fund intends to stake all BNB holdings. This strategy depends on keeping illiquid assets below 15% of total portfolio value. The threshold ensures investors can redeem shares for cash when needed.
BNB currently trades at $864.68, up 1.59% over 24 hours. Price action shows the token holding above $823 support after breaking from consolidation.
BNB Price Prediction
Fibonacci analysis identifies $889 as the next resistance level. Breaking this barrier could open paths toward $1,147 based on extension patterns.
Long-term projections suggest BNB could reach $1,400, representing over 62% gains from current levels. The Money Flow Index reads 44.34, showing neutral conditions with room for buying pressure.
Chart patterns display higher highs and higher lows within a rising structure. Key Fibonacci levels at 0.236 and 0.618 serve as important markers for future movements.
Institutional Interest Grows
The Rex Osprey filing follows VanEck’s BNB ETF proposal from May 2025. VanEck was first to file for a US BNB fund and also seeks staking yield capture.
Rex Osprey’s product differs from their existing BNB Chain Trust launched in 2024. The trust targets accredited investors with $10,000 minimum investments.
B Strategy announced their $1 billion BNB treasury fund during the same timeframe. The firm plans to hold BNB as a reserve asset for long-term institutional exposure.
Bitcoin ETFs recorded $3-6 billion monthly inflows from April through July. Ether ETFs saw $5.4 billion inflows in July and $3.7 billion through August.
The Rex Osprey ETF filing represents institutional interest in combining crypto exposure with traditional finance structures while B Strategy’s treasury fund adds long-term holding pressure to BNB markets.
