CandleFocus Rex Shares and Osprey Funds File for MOVE ETF
2025-03-10
Author: Content Editor
Investment managers Rex Shares and Osprey Funds have filed to list an exchange-traded fund (ETF) that tracks the price performance of Movement Networks' MOVE. The proposed ETF would invest at least 80% of its assets in MOVE or related instruments. The filings come after the appointment of SEC commissioner Mark Uyeda as acting SEC Chair, who has shown a pro-crypto stance. It is uncertain whether the ETF will be approved. MOVE has seen a 5% increase in the last 24 hours, reaching nearly 50 cents.
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