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.
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.
Source: https://cryptobriefing.com/rex-osprey-ethereum-staking-etf-launch/
