VanEck Seeks Approval for First Binance Coin ETF in U.S.

VanEck has submitted an application to the SEC seeking approval for a Binance Coin (BNB) exchange-traded fund (ETF). This would be the first such proposal within the U.S., with the goal of integrating BNB into traditional financial systems. This move could boost institutional interest in the cryptocurrency, potentially affecting its market performance significantly.