$BNB officially started trading as an ETF in the United States. This historic event took place just a few days ago, on May 28, 2026, marking a definitive milestone for Binance's cryptocurrency after years of applications and regulations. The entry of BNB into the traditional stock market is split into two major regulated instruments:1. VanEck's first Spot ETFThe asset manager VanEck officially launched the first physical BNB ETF in the U.S. market.Name and Ticker: It trades on the Nasdaq under the symbol VBNB.How it works: Shares of VBNB are backed 100% by real BNB coins held in cold custody at Anchorage Digital Bank. This allows both institutional and retail investors to gain exposure to the price of BNB directly from their traditional brokerage accounts, without the need to open a crypto exchange or manage private keys.Cost: The fund charges an annual management fee of 0.39%.2. Teucrium's 2x Leveraged ETFJust before the launch of VanEck's Spot ETF on April 28, 2026, firms Teucrium and xETFs listed a leveraged ETF called XBNB on the NYSE Arca. This fund aims to double (2x) the daily performance of BNB's price through financial derivatives, primarily targeting aggressive traders.What's next?Following VanEck's debut, competition on Wall Street has immediately heated up. Grayscale has already updated its filings with the SEC to launch its own competing physical fund, which will trade under the ticker GBNB. The approval and start of trading for these financial vehicles represent massive institutional validation for BNB, eliminating much of the regulatory doubts that have historically plagued the Binance ecosystem.
VanEck Launches First US Spot BNB ETF — VBNB ... - Binance, the first Spot BNB ETF launched.$ETH $BTC ..