REX-Osprey and Defiance file 27 crypto ETFs, including staking and 3x leverage
REX-Osprey filed prospectuses for 21 crypto funds and Defiance lodged six more products on Oct. 3.
Bloomberg’s James Seyffart shared the filings on X, with REX-Osprey’s roster spanning single-asset strategies, including AAVE, ADA, ATOM, and ENA. Some of the filings included staking features.
Defiance’s submissions included six leveraged funds related to crypto, three of them long Bitcoin, Ethereum, and Solana, while the other three focused on short exposure. All six of the filings offer 3x leverage.
Seyffart noted that “3x isn’t really allowed by the new leveraged ETP rules,” and that the issuer appears to be “targeting” 3x via…
