Binance Coin ETF on Track: Real Tokens Held for Regulated Exposure

A new Binance Coin (BNB) exchange-traded fund (ETF) appears to be nearing launch, with updated paperwork filed with the U.S. regulatory body detailing its specifics and potential market impact. The filing reveals the trust will directly hold actual BNB tokens rather than utilize derivatives or futures, ensuring a transparent and straightforward exposure to the cryptocurrency’s real-time value. This structure excludes any staking component which was previously considered as an option.