🔥 VANECK FILES FOR A SPOT BNB ETF ON NASDAQ
🔸 VanEck has submitted an updated filing to the SEC to launch a Spot BNB ETF under the ticker VBNB on Nasdaq
🔸 The fund will hold BNB directly, with no futures or derivative exposure
🔸 A previously expected staking feature has been removed due to regulatory uncertainty
🔸 VanEck also highlights the risk that BNB could be classified as a security, which may impact the ETF in the future
PS: Nasdaq is simply the exchange where the ETF would be listed and traded. VanEck must first file for listing approval with the exchange; afterward, the SEC reviews and makes the final decision.
#BNB #VanEck #ETF #CryptoNews #BNBETF #Nasdaq #SEC #Regulation #DYOR #NFA
