REX-Osprey ETH + Staking ETF(CBOE:ESK)

ESK seeks to provide investment results of the daily price movements of Ether (ETH) plus staking rewards. The actively managed fund gains exposure to ETH directly or indirectly through a wholly owned Cayman Islands subsidiary. The fund also seeks income and capital appreciation through staking, which means that the funds crypto assets will be locked and used in the Ether networks delegated proof-of-stake validation process. In return, this provides investors with staking rewards. The fund may not be able to stake its entire holdings due to liquidity and other factors. Unlike most ETFs, ESK will be taxed as a C-corporation, which means taxable income must be recognized at both fund and shareholder levels.