
REX-Osprey debuted the REX-Osprey ETH + Staking ETF (BATS: ESK) on Thursday, the first 1940 Act ETF available for listing in the U.S. that combines direct exposure to Ethereum (ETH) and staking rewards. The fund enables investors to access Ethereum’s proof-of-stake network and receive monthly distributions, with 100% of staking rewards allocated directly to shareholders.
ESK has a combination of directly staked Ethereum and exchange-traded products that stake ETH themselves, offering an expense-effective, regulated vehicle for crypto exposure. REX and Osprey both explained that neither company keeps any share of staking rewards.