REX and Osprey filed 21 single-asset crypto ETFs with staking features and global exposure in their proposals.

REX and Osprey filed 21 single-asset crypto ETFs with staking features and global exposure in their proposals.

By Cryptopolitan
REX Shares and Osprey Funds have submitted 21 individual crypto ETF applications to the U.S. Securities and Exchange Commission (SEC). The filings include large tokens such as Cardano (ADA), Stellar (XLM), Sui (SUI), and Hype (HYPE).

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REX Shares and Osprey Funds have filed 21 groundbreaking single-asset cryptocurrency ETF applications with the SEC, featuring innovative staking capabilities and global market exposure. These comprehensive filings target major digital assets including Cardano (ADA), Stellar (XLM), Sui (SUI), and Hype (HYPE), potentially revolutionizing institutional crypto investment access.

The proposed ETFs incorporate staking features, allowing investors to earn passive rewards while maintaining exposure to leading blockchain networks. This development signals growing institutional adoption of cryptocurrency products and could unlock billions in traditional investment capital for the digital asset ecosystem.

These filings represent a significant expansion beyond Bitcoin and Ethereum ETFs, offering diversified cryptocurrency exposure through regulated investment vehicles. The staking component adds a DeFi-inspired yield generation mechanism, potentially attracting income-focused institutional investors.

If approved by the SEC, these crypto ETFs could dramatically increase mainstream adoption of altcoins and provide traditional investors seamless access to the cryptocurrency market. The global exposure feature positions these products for international distribution, potentially creating substantial market impact across multiple blockchain ecosystems and driving increased institutional cryptocurrency adoption.

Article Details

Market Sentiment
neutral
Category
altcoins
Reading Time
1 min read
Article Type
Article
Topics & Keywords
#Regulation#Institutional

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Source: Cryptopolitan

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