The introduction of a new exchange-traded fund (ETF) in the United States marks a significant development for investors seeking regulated exposure to cryptocurrencies, specifically Ethereum. This innovative product, launched by REX-Osprey, aims to provide a dual benefit: access to the spot price of Ether (ETH) and the generation of income through staking rewards. This initiative signals a maturing landscape where digital assets are increasingly integrated into traditional investment vehicles.
New Ethereum ETF Offers Staking Yields
REX-Osprey, a joint venture between REX Shares and Osprey Funds, has unveiled the ESK – REX-Osprey ETH + Staking ETF. This fund offers U.S. investors a regulated pathway to invest in Ethereum while simultaneously earning monthly income derived from staking ETH on the Proof-of-Stake (PoS) network. Structured under the Investment Company Act of 1940, the ETF is designed to facilitate an efficient and accessible method for capitalizing on both ETH’s market performance and staking yields.
The fund’s strategy involves holding a mix of directly staked ETH and exchange-traded products that also engage in Ethereum staking. Importantly, all staking rewards generated will be passed on to investors without any portion being retained by REX or Osprey. This direct pass-through mechanism is a key feature differentiating the ESK ETF.
Greg King, CEO of REX Financial, highlighted the company’s vision of incorporating crypto staking into the ETF model. He stated that the ESK ETF provides investors with access to Ethereum and its staking yield within the established U.S. ETF framework. This launch builds upon the prior success of the SSK – REX-Osprey Solana + Staking ETF, introduced in July 2025.
The Solana-based ETF, SSK, was the first product of its kind in the U.S. to combine spot exposure to Solana with staking income distribution. It has since grown to manage over $300 million in assets and has undergone a conversion to a Regulated Investment Company (RIC) structure to enhance tax efficiency. The success of SSK likely informed the development and strategy behind the new Ethereum ETF.
While the ESK ETF presents a novel opportunity for traditional investors to gain exposure to Ethereum, it is crucial to understand that this is not a direct investment in ETH. The fund carries inherent risks, including the potential for a loss of principal. Nonetheless, the debut of a U.S.-regulated Ethereum staking ETF underscores the growing convergence of digital assets and conventional financial products. This move positions REX-Osprey as an early entrant in the emerging market for staking ETFs.
Chris brings over six years of hands-on experience in cryptocurrency, bitcoin, business, and finance journalism. He’s known for clear, accurate reporting and insightful analysis that helps readers stay informed in fast-moving markets. When he’s off the clock, Chris enjoys researching emerging blockchain projects and mentoring new writers.