☕💻VanEck Files for the First BNB ETF in the U.S.!

This marks Wall Street giant VanEck’s first attempt to launch a BNB ETF, following the success of its Bitcoin and Ethereum ETFs.

VanEck, an investment management firm overseeing nearly $115 billion in assets, has taken a bold step in the digital asset market by filing for the first Binance Coin (BNB) ETF in the U.S. Changpeng Zhao, the former CEO of Binance—the exchange behind BNB—has also confirmed this information.

According to a public registration filing with the state of Delaware, VanEck submitted an application to establish a trust for the BNB ETF on March 31, under file number 10148820. This serves as a crucial step before the company formally submits its request for approval to the U.S. Securities and Exchange Commission (SEC).

This new ETF will track the price movements of BNB, the fifth-largest cryptocurrency by market capitalization. At the time of writing, BNB is trading around $604, with minimal price fluctuations in the past 24 hours.
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