VanEck Files For Binance Coin ETF: A Major Step Forward for Institutional Adoption

Investment management firm VanEck has officially filed a request to establish a trust-based exchange-traded fund (ETF) for Binance Coin (BNB). This marks the first attempt to launch a U.S.-based BNB ETF, potentially opening doors for institutional investors to readily access Binance’s native token. VanEck’s filing was submitted in Delaware on March 31, 2025 and is a preliminary step towards SEC approval for market deployment.