Is $BNB the next spot ETF in the U.S.?
Attention $BNB holders! The financial firm VanEck has officially submitted an application to the SEC to launch a spot ETF based on $BNB, the native token of the BNB Chain network. This marks a historic milestone: it would be the first exchange-traded fund directly linked to this asset.
Additionally, it could include staking options, allowing for passive income generation... directly from the ETF!
Although it still faces regulatory hurdles —due to Binance's history in the U.S.—, the backing of VanEck and a market capitalization exceeding $84 billion place $BNB among the big players.
Can you imagine the impact if this ETF is approved?
Do you think $BNB has what it takes to be the next big ETF? Let me know in the comments.