REX-Osprey Filed for a Movement ETF – MOVE Price Surged Over 4%
Key Points
- The MOVE ETF would invest at least 80% of assets in MOVE or related instruments.
- MOVE was included in the Trump family’s WLFI crypto project this year.
According to the latest reports, REX Shares and Osprey Funds, filed an application with the US SEC for a Movement (MOVE) ETF. This comes after the companies filed multiple other applications for new ETFs in January.
Movement (MOVE) is a Move-EVM L2 for Ethereum.
REX-Osprey Filed for MOVE ETF With US SEC
Investment managers REX Shares and Osprey Funds have filed to list an ETF tracking the performance of MOVE – the digital asset of Movement Network.
The official SEC notes reveal that the proposed MOVE ETF would invest at least 80% of its assets in MOVE or related instruments, using a blend of direct holdings and derivatives.
Official SEC notesThis comes after REX-Osprey filed for other ETFs with the US SEC back in January, including BTC, ETH, TRUMP, DOGE, BONK, SOL, and XRP.
REX Shares is an innovative provider of ETPs that specializes in alternative-strategy ETFs and ETNs, while Osprey Funds provides secure and accessible options for accredited investors to gain crypto exposure.
Following today’s announcement, MOVE price recorded a surge.
MOVE Surged by Over 4%
MOVE surged from around $0.46 to over $0.50 today, following the ETF-related announcement. At the moment of writing this article, MOVE is trading at $0.48 with a market cap of $1.15 billion.
MOVE price in USD todayMovement Network is an ecosystem of Modular Move-based blockchains that enables devs to bridge the gap between Move and EVM ecosystems by building secure, performance, and interoperable blockchain apps.
WLFI Added MOVE
It’s also worth noting that MOVE was added to World Liberty Financial (WLFI), the Trump family crypto project, in January 2025.
According to official data from the Arkham Intelligence platform currently, WLFI holds more than 7,5 million MOVE tokens worth about $3,77 million.
Recently, we revealed that the Movement project is currently in talks with Musk’s DOGE team as well.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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