VanEck Files for Binance Smart Chain ETF: What Investors Need to Know

After a wave of initial public offerings (IPOs) of spot-based cryptocurrency exchange traded funds (ETFs), VanEck has taken the next step towards bringing its own BNB ETF to market. The company, known for its expertise in asset management and institutional investment, filed an application with the Securities and Exchange Commission (SEC) for a Binance Smart Chain (BSC) based ETF. This move comes after other companies like Coinbase and Grayscale have also applied for their own spot-based cryptocurrency ETFs. !