First spot BNB ETF with staking? Hype rises amid new filing, price eyes $900!
The post First spot BNB ETF with staking? Hype rises amid new filing, price eyes $900! appeared on BitcoinEthereumNews.com.
Key Takeaways BNB’s proposed ETF and Nasdaq-listed $1B Treasury company fueled inflows, lifting price and Open Interest. Net Flows topped $15 million, while momentum pointed toward $900. REX Shares, in partnership with Osprey Funds, filed an N-1A registration statement with the Securities and Exchange Commission (SEC). This registration seeks to launch what could be the first spot Binance Coin [BNB] exchange-traded fund in the United States, including a staking component. The proposed fund would list on the Cboe BZX Exchange if approved by the SEC. Interestingly, on the same day, Bitwise Asset Management filed an application with the agency for a spot Chainlink ETF. If approved, the fund would hold Chainlink tokens directly and track the CME CF Chainlink-Dollar Reference Rate. In addition, Canary filed for an Official Trump [TRUMP] ETF. The REX-Osprey BNB + Staking ETF was structured similarly to Solana’s [SOL] staking ETF (SSK), allowing exposure to spot BNB while generating returns from staking Source: Eric Balchunas/X Moreso, investment firm B Strategy, backed by YZi Labs, announced plans for a $1 billion Nasdaq-listed BNB treasury company, designed to act as a Berkshire-style vehicle for the ecosystem. This move signaled growing institutional demand for BNB and contributed to a 4% price rebound from $833 to $857 at press time. Implications on OI, volume and inflows The implications of such institutional activity were seen in the Open Interest (OI), Volume and daily Net Flows. Per Artemis Analytics, BNB led all other chains by Net Flows of more than $15 million. Polygon [POL] and Base came close, but were still below $10 million on the day. OI rebounded above $1.50 billion after dipping to $1.72 billion earlier. The Aggregated Bid-Ask delta flipped positive, with buy orders topping 300K per hour. Source: CoinGlass More analysis of data from CoinGlass noted a similar…
Filed under: News - @ August 27, 2025 4:24 pm