🔥 VanEck has applied for the world's first BNB ETF in the U.S.
On May 2, 2025, VanEck officially submitted Form S-1 to the U.S. Securities and Exchange Commission (SEC) to launch an ETF on BNB — a bold move that could mark a historic moment for Binance's native token.
This will be the first ETF of its kind in the United States directly linked to BNB, the fourth largest cryptocurrency by market capitalization. If approved, it will allow institutional and retail investors to gain exposure to BNB price fluctuations through traditional brokerage accounts without holding the token directly.
VanEck, already a major player in the crypto ETF market, previously launched products for Bitcoin and Ethereum. Their move towards BNB signals growing confidence in the broader altcoin market and the resilience of the Binance ecosystem, despite regulatory pressure.
What does this mean for the industry?
• Greater legitimacy for BNB as a financial asset
• Potential influx of institutional capital
• A new arena for the SEC's cryptocurrency policy
As BNB powers applications in DeFi, NFTs, and the Binance Smart Chain, the ETF could bring long-awaited mass recognition to one of the most actively used utility tokens in Web3.
But will the SEC approve this?
This remains a billion-dollar question.
Would you invest in an ETF on BNB? Is this a regulatory risk?
