๐ $REX -Osprey Launches First U.S. ETH Staking ETF
1. ๐ New ETF Launched
REX-Osprey introduces the ESK ETF, combining Ethereum (ETH) exposure with staking rewards.
2. ๐๏ธ 1940 Act Structure
ESK is the first U.S.-listed ETF under the Investment Company Act of 1940, ensuring regulatory oversight.
3. ๐ฐ Monthly Staking Rewards
Investors receive monthly distributions from Ethereum's proof-of-stake network.
4. ๐ Spot ETH Exposure
The fund holds directly staked ETH and other exchange-traded products that stake ETH.
5. ๐ Institutional Appeal
ESK offers a regulated, liquid vehicle for institutions seeking ETH exposure with yield characteristics.
6. ๐ Follows SSK Success
ESK builds on the success of the REX-Osprey Solana + Staking ETF (SSK), which surpassed $300 million in assets under management.
