The MOVE ETF aims to track the price of MOVE, the native token of the Movement Network, an Ethereum Layer 2 protocol built using MoveVM (originally developed by Facebook's Diem team). Movement focuses on faster, gas-efficient smart contracts—positioning itself as a next-gen blockchain infrastructure layer.
The MOVE ETF follows the playbook used for previous Layer 1 ETF filings (like Aptos and Sui) but with a more technical and developer-centric appeal.
Rex-Osprey MOVE ETF
Potential impact: If approved, this could serve as a template for future ETFs based on infrastructure tokens (e.g., Optimism, StarkNet).
The MOVE ETF follows the playbook used for previous Layer 1 ETF filings (like Aptos and Sui) but with a more technical and developer-centric appeal.
Rex-Osprey MOVE ETF
- Issuer: Rex Shares & Osprey Funds
- Details: REX Shares, in collaboration with Osprey Funds, filed an S-1 registration statement with the SEC on March 10, 2025, for the "REX-Osprey MOVE ETF." The ETF awaits SEC acknowledgment of a 19b-4 form to enter the formal review process.
Potential impact: If approved, this could serve as a template for future ETFs based on infrastructure tokens (e.g., Optimism, StarkNet).