TheBlock
VanEck has debuted the first US-listed spot BNB exchange-traded fund, marking a significant expansion of its crypto investment product lineup and bringing Binance's native token into the regulated ETF wrapper for American investors.
The move follows VanEck's established playbook of pioneering crypto ETF firsts — the firm was among the earliest applicants for spot Bitcoin and Ethereum ETFs in the US. A spot BNB ETF gives institutional and retail investors direct price exposure to BNB without the need to custody the token themselves, lowering the friction barrier considerably.
BNB is the native asset of the BNB Chain ecosystem, one of the largest smart-contract networks by transaction volume and total value locked.
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