REX-Osprey launches Ethereum staking ETF in US
Key Takeaways
- REX-Osprey, combining REX Shares and Osprey Funds, launched the first US Ethereum staking ETF, called ESK.
- ESK provides direct Ethereum spot exposure and integrates staking rewards, allowing investors to benefit from on-chain yields without running their own staking infrastructure.
Share this article
REX-Osprey, a collaboration between REX Shares and Osprey Funds, launched the first US Ethereum staking ETF today. The fund trades under ticker ESK and provides direct spot ETH exposure while incorporating staking rewards.
The ETF allows investors to access on-chain yields without managing staking themselves. ESK marks the first combined product offering both Ethereum exposure and staking rewards to US investors.
Share this article
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BlackRock Submits Bitcoin ETF Application Focused on Yield, Limiting Potential Price Gains
- BlackRock files Bitcoin Premium Income ETF using covered call strategies to generate yield from Bitcoin holdings. - The fund complements its $87B IBIT trust, addressing institutional demand for income in crypto markets lacking native yield. - With $85B in Bitcoin custody and $260M+ annual crypto ETF revenue, BlackRock leads institutional adoption amid regulatory shifts. - Covered call approach balances income generation with limited upside, reflecting evolving Wall Street strategies for crypto portfolios.
Vanguard’s Move into Crypto Indicates Growing Institutional Acceptance
- Vanguard Group, managing $10T in assets, may let U.S. clients access third-party crypto ETFs under CEO Salim Ramji, reflecting growing demand and regulatory shifts. - Competitors like Fidelity and Schwab already offer crypto access, while SEC streamlined approvals, enabling 20+ new crypto ETFs since 2024. - This move could boost liquidity for major ETFs (e.g., BlackRock’s $80B IBIT) and challenge Vanguard’s conservative ethos by prioritizing client retention over asset avoidance. - Analysts call it a "sm
CFTC Announces $6.8 Million Fine as Cryptocurrency Scammers Exploit Community Trust Networks
- CFTC penalized Tennessee couple $6.8M for a $6.5M crypto fraud targeting 145 investors via a fake "Blessings of God Thru Crypto" platform mimicking Apex Trading. - The scheme diverted $4M to an illegitimate overseas exchange and $2.6M to personal use, returning only $855K in a Ponzi-like structure. - Griffises must pay $5.5M restitution and face lifetime bans from commodity trading, reflecting CFTC's intensified focus on crypto scams exploiting community trust networks. - Experts warn of red flags like u
Ethereum’s AI boom depends on Wall Street involvement and competition across blockchains
- BitMine Immersion, holding 2.15M ETH, predicts Ethereum's "supercycle" driven by Wall Street blockchain adoption and AI protocols. - Institutional ETFs and decentralized AI agents are cited as key drivers, with PayPal/Kite AI investments highlighting sector growth. - Citigroup warns of overvaluation risks despite 108% ETH price surge, contrasting with BitMine's $9.45B valuation surge. - Competition from Base/Solana and regulatory challenges remain concerns, though Ethereum's PoS upgrade and stablecoin do
Trending news
MoreCrypto prices
More
