VanEck Files for Binance USD ETF, Targeting Nasdaq Listing

VanEck has submitted an amended registration statement to the U.S. Securities and Exchange Commission (SEC), advancing its proposed Binance USD (BUSD) exchange-traded fund (ETF) towards a Nasdaq listing. The filing is the second amendment to VanEck’s Form S-1 for the ETF, seeking to register shares under the ticker VBNB. The trust aims to reflect BUSD price performance minus operational expenses, with shares priced using the Marketvector BUSD Index. 8th Amendment.