Binance Smart Chain Weekly Highlights: VanEck ETF, Real World Assets, and Hackathon.

BNB Chain’s latest developments focus on a variety of areas. Notably, Van Eck has filed for the first spot BNB exchange-traded fund in the United States, bringing potential exposure to the cryptocurrency market. The application, if approved, would see the product listed on Nasdaq under ticker VBNB. This ETF will directly hold BNB tokens and track the price of the coin rather than futures contracts. It’s important to note that this ETF won’t offer staking rewards at launch but may be added in the future through a third party provider.