Institutional Hunger for BNB Drives New Staking ETF Push

Rex Shares, a U.S. asset management firm, has submitted an application to the U.S. Securities and Exchange Commission (SEC) for a BNB staking ETF, marking another significant development in the cryptocurrency investment landscape. The filing, announced by Bloomberg ETF analyst Eric Balchunas on August 27, 2025, reflects the increasing interest in integrating blockchain-based staking mechanisms into traditional investment structures. The proposed ETF aims to offer investors exposure to Binance Coin (BNB) through a regulated financial product, potentially broadening access to staking returns without direct custody of the underlying asset [1].

This move follows similar efforts by other firms, including VanEck, which filed for a spot BNB ETF earlier in the year. Institutional demand for BNB has been rising, with several corporations adopting the token as part of their treasury management strategies. For example, the BNB Network Company (tBNC) recently secured $500 million through a private investment in public equity (PIPE) offering to fund its BNB treasury, while U.S.-listed biotech firm Windtree Therapeutics has also committed to a $500 million equity line and a $20 million stock purchase for BNB. Similarly, Hong Kong-based Web3 infrastructure provider Nano Lab has initiated a $500 million convertible note offering, aiming to acquire up to $1 billion in BNB and hold 5–10% of its total supply [2].

The BNB price has seen a notable rebound following the announcement, rising by 2.5% to approximately $861 in late North American trading. With a fully diluted market capitalization of around $120 billion and recent intraday highs exceeding $899, BNB has shown strong bullish momentum. A key factor driving this trend is the token’s open interest, which has surged to over $1.67 billion. Analysts attribute this performance to growing institutional interest, combined with Binance’s ongoing token burn program, which reduces the circulating supply and enhances scarcity [2].

The growing appetite for BNB among institutional investors coincides with a broader trend of regulatory clarity in the U.S. crypto market. As fund managers race to secure SEC approval for their spot altcoin ETFs, the market is experiencing a surge in product innovation. The proposed REX-Osprey BNB staking ETF is part of this wave, with analysts suggesting that regulatory greenlights could further accelerate institutional adoption and drive demand for BNB-based financial instruments [2].

Looking ahead, the BNB market continues to be shaped by several key factors, including regulatory developments, network upgrades on the BNB Chain, and broader crypto market cycles. While long-term price projections remain speculative, many analysts believe that continued adoption and deflationary mechanisms could support a bullish trajectory. If BNB’s price reaches the $1,000 level later this year, it could signal the beginning of a more aggressive upward trend, with some forecasts suggesting valuations in the $1,600 to $2,500 range by 2030 [3]. However, these predictions are contingent on Binance’s continued leadership in the exchange market and the BNB Chain’s ability to maintain competitive advantages over rivals such as Ethereum and Solana [3].

Source:

[1] Rex Shares Applies for BNB Staking ETF on August 27, 2025 (https://www.kucoin.com/news/flash/rex-shares-applies-for-bnb-staking-etf-on-august-27-2025)

[2] Binance Coin Rebounds After REX-Osprey Filed for BNB Staking ETF (https://coinpedia.org/news/binance-coin-rebounds-after-rex-osprey-filed-for-bnb-staking-etf/)

[3] BNB Price Prediction for the Next 10 Years: What to Expect (https://www.mitrade.com/insights/news/live-news/article-3-1055460-20250820)