VanEck Files for a BNB ETF in Delaware, Expanding Crypto Exposure

Investment management firm VanEck has filed for a Binance Coin (BNB) exchange-traded fund in Delaware, marking the company’s fifth registration of crypto asset ETFs in the state. This move follows the successful launches of Bitcoin and Ethereum ETFs, and signals VanEck’s continued pursuit of expanding its crypto investment products. The new ETF will track the price of BNB, currently one of the top five most valuable cryptocurrencies by market capitalization, offering investors a way to directly access this asset class through a regulated exchange-traded product. VanEck has also filed for other digital asset ETFs like Solana and Avalanche in Delaware.