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REX-Osprey will launch the first Ethereum stake ETF in the United States.
Golden Finance reports that the strategic cooperation project REX-Osprey by REX Shares and Osprey Funds has announced the launch of the first Ethereum staking exchange-traded fund in the United States, the REX-Osprey™ ETH + Staking ETF (EST), aimed at allowing investors to access Ethereum and earn staking rewards. It is reported that the fund achieves its investment goals by holding directly staked ETH as well as other exchange-traded products that hold and stake spot ETH, and all staking income generated will be directly distributed to investors, with neither REX nor Osprey retaining any income.