VanEck Files for First US BNB ETF, Aiming to Bring Altcoins to Mainstream Markets

VanEck, a leading global investment firm managing over $115 billion in assets, has taken a significant step towards bringing Binance Coin (BNB) into mainstream finance by filing for a trust-based exchange-traded fund (ETF) in Delaware. This marks the first attempt to launch a BNB-focused ETF in the United States and could revolutionize how investors access this fifth-largest cryptocurrency. The SEC approval would see the trust track the price of Binance Coin, which is expected to reach unprecedented levels as investor confidence grows.