First Spot BNB ETF with Staking? Hype Explodes as New Filing Drops, Price Targets $900!

BNB just entered the ETF arena with a groundbreaking twist—staking rewards baked right in. Traders are scrambling as regulatory filings signal the first-ever spot BNB ETF that actually generates yield while you hold.

The Mechanics Behind the Madness

This isn't your grandpa's ETF—it bypasses traditional custodial hurdles by integrating direct staking mechanisms. Instead of sitting idle, assets work double-duty, earning passive yield while maintaining market exposure. Wall Street's vanilla products can't compete with that kind of efficiency.

Market Frenzy Hits Fever Pitch

Price action screams momentum as BNB eyes the $900 threshold. Retail and institutional flows converge, creating perfect conditions for a potential breakout. The filing alone triggered a 15% surge in derivatives volume—because nothing gets crypto degens going like compound yield opportunities.

Regulatory Chess Match

The SEC's usual playbook of delays and objections meets its match here. By packaging staking within an ETF structure, issuers force regulators to confront innovation head-on. It's a brilliant end-run around typical compliance headaches—though we'll see how long that lasts before some bureaucrat rediscovers their risk-assessment binder.

Why This Changes Everything

Traditional finance finally gets a taste of DeFi's magic sauce: automated yield generation without active management. The product effectively cuts out middlemen while delivering what crypto natives expect—actual ownership benefits rather than synthetic exposure. Take that, traditional finance bean-counters.

Of course, the real question isn't whether this launches—it's how fast Wall Street will try to copycat the model once they realize their own products are about as exciting as a spreadsheet seminar. BNB at $900? That's just the opening act.

Key Takeaways

BNB’s proposed ETF and Nasdaq-listed $1B Treasury company fueled inflows, lifting price and Open Interest. Net Flows topped $15 million, while momentum pointed toward $900.

REX Shares, in partnership with Osprey Funds, filed an N-1A registration statement with the Securities and Exchange Commission (SEC).

This registration seeks to launch what could be the first spot Binance Coin [BNB] exchange-traded fund in the United States, including a staking component.

The proposed fund WOULD list on the Cboe BZX Exchange if approved by the SEC.

Interestingly, on the same day, Bitwise Asset Management filed an application with the agency for a spot chainlink ETF.

If approved, the fund would hold Chainlink tokens directly and track the CME CF Chainlink-Dollar Reference Rate. In addition, Canary filed for an OFFICIAL TRUMP [TRUMP] ETF.

The REX-Osprey BNB + Staking ETF was structured similarly to Solana’s [SOL] staking ETF (SSK), allowing exposure to spot BNB while generating returns from staking

Source: Eric Balchunas/X

Moreso, investment firm B Strategy, backed by YZi Labs, announced plans for a $1 billion Nasdaq-listed BNB treasury company, designed to act as a Berkshire-style vehicle for the ecosystem.

This MOVE signaled growing institutional demand for BNB and contributed to a 4% price rebound from $833 to $857 at press time.

Implications on OI, volume and inflows

The implications of such institutional activity were seen in the Open Interest (OI), Volume and daily Net Flows.

Per Artemis Analytics, BNB led all other chains by Net Flows of more than $15 million. Polygon [POL] and Base came close, but were still below $10 million on the day.

OI rebounded above $1.50 billion after dipping to $1.72 billion earlier. The Aggregated Bid-Ask delta flipped positive, with buy orders topping 300K per hour.

Source: CoinGlass

More analysis of data from CoinGlass noted a similar trend in Trading Volume. It reached $1.25 billion with still more hours to go before the day’s close.

Is the altcoin starting a bigger rally?

Binance coin traded at $857 after the bounce from the higher low around the $830 level. Previously, BNB ROSE by 8% from the same zone, but the ETF-fueled bounce only managed half of that.

However, this slight recovery could be a precursor to a much bigger rally expected in September.

Buying momentum was also kicking in with the MACD turning green after the crossover. The next target for BNB was at $900, but the lower high resistance at $870 needed to be conceded.

Source: TradingView

On the downside, sentiment across the broader market would determine whether BNB’s recovery extended into a full rally.