diff --git a/Cargo.lock b/Cargo.lock
index cfb89a181..f14edd0cf 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -1816,6 +1816,16 @@ dependencies = [
  "syn 2.0.50",
 ]
 
+[[package]]
+name = "custom-inspector"
+version = "0.0.0"
+dependencies = [
+ "clap",
+ "eyre",
+ "futures-util",
+ "reth",
+]
+
 [[package]]
 name = "custom-node"
 version = "0.0.0"
diff --git a/Cargo.toml b/Cargo.toml
index 82f11204b..db425fd72 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -65,6 +65,7 @@ members = [
     "examples/rpc-db/",
     "examples/trace-transaction-cli/",
     "examples/polygon-p2p/",
+    "examples/custom-inspector/",
     "testing/ef-tests/",
 ]
 default-members = ["bin/reth"]
diff --git a/examples/custom-inspector/Cargo.toml b/examples/custom-inspector/Cargo.toml
new file mode 100644
index 000000000..7f80e511d
--- /dev/null
+++ b/examples/custom-inspector/Cargo.toml
@@ -0,0 +1,12 @@
+[package]
+name = "custom-inspector"
+version = "0.0.0"
+publish = false
+edition.workspace = true
+license.workspace = true
+
+[dependencies]
+reth.workspace = true
+clap = { workspace = true, features = ["derive"] }
+futures-util.workspace = true
+eyre.workspace = true
\ No newline at end of file
diff --git a/examples/custom-inspector/src/main.rs b/examples/custom-inspector/src/main.rs
new file mode 100644
index 000000000..e9626ea2a
--- /dev/null
+++ b/examples/custom-inspector/src/main.rs
@@ -0,0 +1,149 @@
+//! Example of how to use a custom inspector to trace new pending transactions
+//!
+//! Run with
+//!
+//! ```not_rust
+//! cargo run --release -p custom-inspector --node --http --ws --recipients 0x....,0x....
+//! ```
+//!
+//! If no recipients are specified, all transactions will be inspected.
+
+#![warn(unused_crate_dependencies)]
+
+use clap::Parser;
+use futures_util::stream::StreamExt;
+use reth::{
+    cli::{
+        components::{RethNodeComponents, RethRpcComponents, RethRpcServerHandles},
+        config::RethRpcConfig,
+        ext::{RethCliExt, RethNodeCommandConfig},
+        Cli,
+    },
+    primitives::{Address, BlockId, IntoRecoveredTransaction},
+    revm::{
+        inspector_handle_register,
+        interpreter::{Interpreter, OpCode},
+        Database, Evm, EvmContext, Inspector,
+    },
+    rpc::{
+        compat::transaction::transaction_to_call_request,
+        eth::{revm_utils::EvmOverrides, EthTransactions},
+    },
+    tasks::TaskSpawner,
+    transaction_pool::TransactionPool,
+};
+use std::collections::HashSet;
+
+fn main() {
+    Cli::<MyRethCliExt>::parse().run().unwrap();
+}
+
+/// The type that tells the reth CLI what extensions to use
+struct MyRethCliExt;
+
+impl RethCliExt for MyRethCliExt {
+    /// This tells the reth CLI to trace addresses via `RethCliTxpoolExt`
+    type Node = RethCliTxpoolExt;
+}
+
+/// Our custom cli args extension that adds one flag to reth default CLI.
+#[derive(Debug, Clone, Default, clap::Args)]
+struct RethCliTxpoolExt {
+    /// The addresses of the recipients that we want to trace.
+    #[arg(long, value_delimiter = ',')]
+    pub recipients: Vec<Address>,
+}
+
+/// A dummy inspector that logs the opcodes and their corresponding program counter for a
+/// transaction
+#[derive(Default, Debug, Clone)]
+struct DummyInspector {
+    ret_val: Vec<String>,
+}
+
+impl<DB> Inspector<DB> for DummyInspector
+where
+    DB: Database,
+{
+    /// This method is called at each step of the EVM execution.
+    /// It checks if the current opcode is valid and if so, it stores the opcode and its
+    /// corresponding program counter in the `ret_val` vector.
+    fn step(&mut self, interp: &mut Interpreter, _context: &mut EvmContext<DB>) {
+        if let Some(opcode) = OpCode::new(interp.current_opcode()) {
+            self.ret_val.push(format!("{}: {}", interp.program_counter(), opcode));
+        }
+    }
+}
+
+impl RethNodeCommandConfig for RethCliTxpoolExt {
+    /// Sets up a subscription to listen for new pending transactions and traces them.
+    /// If the transaction is from one of the specified recipients, it will be traced.
+    /// If no recipients are specified, all transactions will be traced.
+    fn on_rpc_server_started<Conf, Reth>(
+        &mut self,
+        _config: &Conf,
+        components: &Reth,
+        rpc_components: RethRpcComponents<'_, Reth>,
+        _handles: RethRpcServerHandles,
+    ) -> eyre::Result<()>
+    where
+        Conf: RethRpcConfig,
+        Reth: RethNodeComponents,
+    {
+        let recipients = self.recipients.iter().copied().collect::<HashSet<_>>();
+
+        // create a new subscription to pending transactions
+        let mut pending_transactions = components.pool().new_pending_pool_transactions_listener();
+
+        let eth_api = rpc_components.registry.eth_api();
+
+        println!("Spawning trace task!");
+        // Spawn an async block to listen for transactions.
+        components.task_executor().spawn(Box::pin(async move {
+            // Waiting for new transactions
+            while let Some(event) = pending_transactions.next().await {
+                let tx = event.transaction;
+                println!("Transaction received: {tx:?}");
+
+                if recipients.is_empty() {
+                    // convert the pool transaction
+                    let call_request = transaction_to_call_request(tx.to_recovered_transaction());
+
+                    let result = eth_api
+                        .spawn_with_call_at(
+                            call_request,
+                            BlockId::default(),
+                            EvmOverrides::default(),
+                            move |db, env| {
+                                let mut dummy_inspector = DummyInspector::default();
+                                {
+                                    // configure the evm with the custom inspector
+                                    let mut evm = Evm::builder()
+                                        .with_db(db)
+                                        .with_external_context(&mut dummy_inspector)
+                                        .with_env_with_handler_cfg(env)
+                                        .append_handler_register(inspector_handle_register)
+                                        .build();
+                                    // execute the transaction on a blocking task and await the
+                                    // inspector result
+                                    let _ = evm.transact()?;
+                                }
+                                Ok(dummy_inspector)
+                            },
+                        )
+                        .await;
+
+                    if let Ok(ret_val) = result {
+                        let hash = tx.hash();
+                        println!(
+                            "Inspector result for transaction {}: \n {}",
+                            hash,
+                            ret_val.ret_val.join("\n")
+                        );
+                    }
+                }
+            }
+        }));
+        Ok(())
+    }
+}