- BNB surges 3% after ETF filing sparks institutional interest.
- REX and Osprey’s BNB ETF signals growing crypto market demand.
- Institutional adoption of BNB accelerates with ETF filings and partnerships.
Binance Coin (BNB) experienced a significant 3% surge on Wednesday, climbing from a 24-hour low of $831 to trade above $864. This impressive recovery is after REX Shares and Osprey Funds filed a joint application to list a BNB staking ETF. The step is viewed as a definite indicator of growing institutional interest in BNB, which demonstrates its growing usefulness and support.
The price surge also brought BNB above the 50 Simple Moving Average (SMA) in the four-hour chart, which is a critical level for traders. This has led to an increase in BNB’s Open Interest (OI), which hit approximately $1.5 billion in the early Asian trading hours, according to data provided by CoinGlass.
Also Read: Here’s How XRP Will Hit 4,761, But Not Exactly What You Think
What’s Behind the BNB Staking ETF Filing?
REX Shares and Osprey Funds have filed an S-1 filing with the U.S. Securities and Exchange Commission (SEC) to launch a BNB Staking ETF. The application, organized according to the Investment Company Act of 1940, has attracted the interest of the crypto community.
Although key information like custodians, validator partners, and management fees was not revealed, the filing indicates increasing institutional interest in BNB. The SEC review process will most likely lead to amendments in the filing, which will further fuel speculation.
When Could the BNB Staking ETF Go Live?
James Seyffart, an ETF expert, suggests that the REX-Osprey BNB staking ETF could go live as early as November 2025. The proposal is similar to an earlier application filed by VanEck in May 2025, which seeks to offer exposure to BNB through staking rewards. This marks the second BNB ETF filing and the growing interest in the asset.
Institutional Demand for BNB on the Rise
The filing for the BNB staking ETF highlights the growing demand for Binance Coin among institutional investors. A number of companies, such as Windtree Therapeutics, Nano Labs, and Liminatus Pharma, have already used BNB as a treasury management mechanism. The assimilation of BNB into the decentralized finance (DeFi) sector, coupled with this institutional adoption, demonstrates the coin’s growing significance within the crypto ecosystem.
As interest in Binance Coin and its market adoption continues to grow, the future of the asset appears bright. As ETF filings continue to grow, BNB’s utility and backing position it as a key player in the evolving crypto landscape.
Also Read: Institutional Demand for Spot XRP ETF Is Highly Underestimated – Nate Geraci Confirms
