Investment managers Rex shares and Osprey funds have filed to list an exchange of funds that exchange (ETF) exchanged price prices of the price of Movement The transfer of networks.
The Mainnet of the Ethereum Layer-2 network, built using MoveVM, is expected to be launched on Monday.
The suggested Rex-osprey Move ETF will invest at least 80% of its transfer assets or related instruments, using a mix of direct handling and derivatives, according to a recent File with the US Securities and Exchange Commission (SEC).
The Sharing of Rex, a ETF, is past That -FILE to launch funds In the funds of Crypto Asset Manager Osprey, including exposure to memecoins such as Trump, Bonk, and DOGE.
Files arrived after Donald Trump’s second administration began earlier this year, with the new president of the SEC commissioner Mark Uyeda as the acting chairman of the SEC. The regulator has since collapsed many suits and investigations with cryptocurrency companies, and shows a rather pro-crypto bearing.
It is unclear whether the Rex-O osprey move ETF, or any other ETF filed by investment managers who offer cryptocurrency exposure, will be approved by the regulator.
The move was up to 5% in the last 24 hours, which is close to 50 cents.
