BNB Chain Weekly Updates: Spot ETF, RWA, Hackathons & More

This week saw significant developments within the BNB Chain ecosystem. A notable development was VanEck’s filing for a spot Bitcoin exchange-traded fund (ETF) on the US Securities and Exchange Commission (SEC). This application, if approved, will launch a fund trading under the ticker VBNB that directly holds BNB tokens. Meanwhile, Nano Labs announced their Next Big BNB Program focusing on real world assets (RWA). The program aims to build an ecosystem for tokenizing real-world assets like property and bonds. Additionally, the BNB Chain hosted a hackathon in Abu Dhabi with YZi Labs, where developers can create applications using BNB Chain’s infrastructure.