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Movement Network Foundation Announces REX-Osprey™ Funds Files for First U.S. Movement ETF as Public Mainnet Beta Launches
GRAND CAYMAN, Cayman Islands – March 10, 2025 – The Movement Network Foundation has made a groundbreaking announcement, revealing that REX-Osprey has filed for the first U.S. exchange-traded fund (ETF) focused on $MOVE. This unprecedented move is expected to provide U.S. investors with seamless exposure to the Movement ecosystem through traditional financial rails.
The ETF filing marks a significant milestone in the growth and maturity of the Move ecosystem, as it opens doors for institutional capital to support next-generation blockchain innovation. The development underscores the commitment of both parties to fostering innovation and advancing the adoption of MoveVM technology.
In tandem with this announcement, the Movement Network Foundation has successfully launched its Public Mainnet Beta with a substantial $250M in Total Value Locked (TVL). This public mainnet beta will empower permissionless smart contract deployment, full user onboarding, and Ethereum settlement.
