🛑 Bloomberg Analyst Alleges Binance Founder CZ’s Involvement in BNB ETF Filing
Asset manager VanEck’s BNB ETF filing has sparked a flurry of speculation, with Bloomberg analyst Eric Balchunas’ comments fueling further debate about the potential motivations behind the move.
The analyst has put forth an intriguing theory, suggesting a possible link between VanEck’s BNB ETF filing and a critical statement made by Binance founder Changpeng Zhao.
Notably, Eric Balchunas draws attention to his wild estimation that Changpeng Zhao’s recommendation to include Binance Coin (BNB) in the US crypto reserve has influenced VanEck’s decision.
In a recent X post, Bloomberg analyst Eric Balchunas provided a wild theory suggesting a possible reason for VanEck’s latest decision to launch a BNB ETF, sparking debate.
According to him, VanEck’s ETF move is largely influenced by Binance Founder Changpeng Zhao’s (CZ) advice to accept BNB as a crypto reserve. Balchunas stated,
Significantly, VanEck’s decision to launch the first ETF linked to Binance’s native token BNB has sparked intense debate within the crypto market.
These discussions have been intensified with the Binance founder’s alleged connection with the move, as highlighted by the Bloomberg analyst.