VanEck Seeks Approval for BNB ETF with Staking Option

VanEck has filed a proposal for an Ethereum-based exchange-traded fund (ETF) that will incorporate a staking mechanism. If approved by the U.S. Securities and Exchange Commission (SEC), this ETF would offer investors exposure to Binance Coin (BNB), the native asset of the Binance Smart Chain. This novel approach combines passive investment with the potential for staking rewards, providing an innovative option for those seeking to tap into both market growth and on-chain participation.