VanEck Seeks US Approval for First BNB ETF

Global investment firm VanEck has officially filed a trust registration with the SEC to launch the first ever Binance Coin (BNB) exchange-traded fund (ETF) in the United States. This marks a significant milestone as it seeks to bring this popular crypto asset into the mainstream US financial market. This move comes after similar BNB-related investment products were successfully launched in other markets but no US-based BNB ETF has yet been introduced.