VanEck Launches First US BNB ETF Filing: Signaling Expansion in Crypto Investment Products

Van Eck, a prominent investment firm managing over $115 billion in assets, has taken the significant step of filing with the SEC to establish a Binance Coin (BNB) exchange-traded fund (ETF) in Delaware. This marks the first attempt to launch a BNB-focused ETF within the US market. While similar products exist globally, none have been introduced specifically in the US until now.