🗞️ According to the Cointelegraph website, the asset manager VanEck has requested authorization from U.S. regulators to list an exchange-traded fund (ETF) backed by BNB, the native token of the $BNB BNB Chain of the #Binance , as shown in regulatory filings.
📝The ETF is designed to accumulate spot BNB tokens and "may, from time to time, stake a portion of the assets [of the fund] through one or more trusted staking providers," according to the ETF's S-1 prospectus. This request marks the first time a manager has filed for a BNB ETF in the United States.
