Is CZ Behind VanEck’s New BNB ETF? Analysis Reveals Potential Connections

Binance founder Changpeng Zhao (CZ)’s recent meeting with VanEck CEO Jan van Eck at TOKEN2049 sparked speculation about his influence on the company’s new application for a spot BNB ETF. Following this event, VanEck filed its S-1 for the BNB ETF in the U.S., a move that has drawn attention to CZ’s actions since Binance’s recent legal troubles. analyst Eric Balchunas suggests the timing may not be coincidental. CZ recently stated he advises governments on building crypto reserves, and this could potentially influence VanEck’s decision with BNB being a likely component of such reserves.