REX-Osprey will launch the first Ethereum stake ETF in the United States.

ETH-1,21%

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.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Gnosis and Zisk Unveil ‘Easy’ Solution to Ethereum’s Growing L2 Fragmentation

_EEZ connects Ethereum rollups into one system, enabling seamless transactions while keeping value and security anchored to ETH._ Ethereum’s scaling strategy has improved efficiency but split activity across multiple networks. Gnosis and Zisk now propose the Ethereum Economic Zone (EEZ) to bring th

LiveBTCNews2h ago

The Good and Bad News for Ethereum (ETH) After Dumping Below $2K

ETH joined the market-wide correction over the past few days, dropping from $2,200 to a three-week low of $1,970 before it recovered slightly to the current $2,000. This is the asset’s most crucial level for the time being, and it’s close to breaking below it. As such, analysts have rushed to

CryptoPotato3h ago

Ethereum builders propose ‘economic zone’ to tackle L2 fragmentation

Developers from Gnosis and Zisk, with backing from the Ethereum Foundation, have proposed a new framework aimed at unifying Ethereum’s fragmented layer-2 ecosystem by enabling rollups to interact seamlessly with each other and the mainnet in a single transaction. According to an announcement

Cointelegraph3h ago

The net supply of Ethereum has increased by 81,790.88 coins in the past 30 days.

BlockBeats news, on March 30, according to data from Ultrasound.money, the net supply of Ethereum has increased by 81,790.88 ETH in the past 30 days, bringing the total supply of Ethereum to 121,570,566 ETH, with a current supply growth rate of 0.82% per year.

BlockBeatNews4h ago
Comment
0/400
No comments