BNB Price Explodes 42%, Could It Reach New All-Time High After VanEck ETF Filing?

VanEck, a prominent investment firm, has officially submitted a trust application in Delaware for a Binance Coin (BNB) exchange-traded fund (ETF). This move has ignited excitement within the market, driving a significant 42% surge in BNB trading volume as it reached $618. On March 31st, asset management company VanEck filed to establish an ETF based on Binance’s BNB cryptocurrency.