BREAKING: VanEck Files for First US $BNB ETF

VanEck has set up a Delaware trust for what could be the first ever BNB ETF in the US. The March 31st filing (10148820) comes before the formal SEC application and follows the successful Bitcoin and Ethereum ETF launches.

If approved this would be a big deal for BNB, currently the 5th largest cryptocurrency by market cap. There are BNB products in international markets but this would be the first US one.

Despite this BNB is trading at $610.75, down 1.93% in the last 7 days, not much movement on the news.

Will the SEC continue its recent trend of cryptocurrency #etf approvals, or will BNB face more regulatory hurdles than its predecessors? #bnb