The REX investment managers and the Osprese funds filed a person tabled to register a negotiated stock market (ETF) fund which followed the performance of the decision -making networks.
The Mainnet of the Ethereum Layer-2 network, which is built using Movevm, is expected to be launched on Monday.
The FNB proposed Rex-Osprey Move would invest at least 80% of its assets in moving instruments or related instruments, using a mixture of direct properties and derivatives, according to a recent deposit with Securities and Exchange American Commission (SEC).
Rex Shares, an ETF transmitter, has in the past to launch funds from the funds of the asset manager Crypto Osprey, including offers with exposure to the same as Trump, Bonk and Doge.
The deposits intervened after the second administration of Donald Trump began earlier this year, the new president appointing the SEC commissioner, Mark Uyeda, as the acting president of the SEC. The regulator has since abandoned a certain number of proceedings and surveys on cryptocurrency companies and has shown a rather pro-Crypto position.
It is not clear if the FNB Rex-Osprey Move, or any other ETF tabled by investment managers offering an exhibition to the cryptocurrency, will be approved by the regulator.
The movement is up 5% in the last 24 hours, almost 50 cents.
