VanEck Seeks First US BNB ETF Approval

VanEck, a leading investment firm managing over $115 billion in assets, has taken the first step towards launching an exchange-traded fund (ETF) focused on Binance Coin (BNB) within the United States. This move marks the inaugural attempt to launch a dedicated BNB ETF in the US market. While similar BNB-based investment products exist globally, no such ETF has been introduced in the US until now. ]