VanEck is making headlines again—this time with plans to bring a BNB exchange-traded fund (ETF) to the U.S. market.
The investment firm, based in New York, has taken the initial step by registering a Delaware-based trust designed to support a BNB ETF. This marks a critical move ahead of a formal application with the U.S. Securities and Exchange Commission (SEC).
If approved, the fund would become the first BNB ETF listed in the United States, offering traditional investors exposure to BNB—the native token of BNB Chain, which is closely associated with Binance.
VanEck is no stranger to the digital asset space. The firm was among the first to launch spot Bitcoin and Ethereum ETFs in the U.S. after regulatory green lights in January and July 2024, respectively.
Beyond Bitcoin, Ethereum, and now BNB, VanEck has also filed for ETFs tracking Solana (SOL) and Avalanche (AVAX), signaling a broader push into altcoin-backed financial products.
At the time of writing, BNB is trading just above $603, holding steady in the wake of the ETF news.
