The folks at a Constitution Staet boutique are preparing to launch an ETF focused on a three-month-old digital asset.
| Greg King REX Financial Founder, CEO | |
Today, the
REX Advisers, LLC [
profile] team
filed to create the
REX-Osprey MOVE ETF.
The REX-Osprey MOVE ETF will be focused specifically on investing in the
Movement cryptocurrency (aka "MOVE"), which launched on December 9, 2024.
Fairfield, Connecticut-based REX will serve as the ETF's investment advisor, but a host of other providers appear to not yet have been chosen. Per today's filing, the planned ETF does not yet have an administrator, a custodian, a dividend disbursing agent, a fund accountant, an independent accounting firm, or a transfer agent.
The filing reveals that the planned ETF is expected to launch sometime this year, but beyond that no month or date is listed. No expense ratio has yet been revealed.
The REX team has not yet revealed the ticker for the planned ETF, or what exchange it will list on. They also have not revealed who will be the portfolio manager (or PM team) powering the ETF.
The REX-Osprey MOVE ETF will be a series of the
ETF Opportunities Trust. Two of its providers will be ACA's
Foreside Fund Services, LLC (as distributor) and
Practus, LLP (as counsel). 
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