🔥Vaneck launches the first spot ETF for BNB in the United States 👀
The asset manager #VanEck launched on Thursday the #etf spot ETF of #bnb , the first exchange-traded product in the U.S. designed to provide exposure to the price of BNB in the spot market.
Vaneck was the first to apply for a spot BNB ETF in May 2025 and submitted its latest amendment earlier this month, along with the registration statement of #Grayscale , another asset manager also seeking approval for its own spot BNB ETF.
One topic that hasn’t gone unnoticed is the staking at launch, a feature that Vaneck removed from its proposal last year. According to a report by Vaneck, this new spot BNB ETF (VBNB) will be physically backed by BNB held in a long-term deposit at Anchorage Digital Bank.
BNB is the fourth largest cryptocurrency by market cap according to Coinmarketcap. It reached its all-time high in October 2025, hitting $1370. Since then, the BNB token has dropped 53%, arriving at the current price of $640.
Do you think that with this ETF, the launch of this new ETF will allow BNB to reach a new all-time high?
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$BNB
The asset manager #VanEck launched on Thursday the #etf spot ETF of #bnb , the first exchange-traded product in the U.S. designed to provide exposure to the price of BNB in the spot market.
Vaneck was the first to apply for a spot BNB ETF in May 2025 and submitted its latest amendment earlier this month, along with the registration statement of #Grayscale , another asset manager also seeking approval for its own spot BNB ETF.
One topic that hasn’t gone unnoticed is the staking at launch, a feature that Vaneck removed from its proposal last year. According to a report by Vaneck, this new spot BNB ETF (VBNB) will be physically backed by BNB held in a long-term deposit at Anchorage Digital Bank.
BNB is the fourth largest cryptocurrency by market cap according to Coinmarketcap. It reached its all-time high in October 2025, hitting $1370. Since then, the BNB token has dropped 53%, arriving at the current price of $640.
Do you think that with this ETF, the launch of this new ETF will allow BNB to reach a new all-time high?
👉More crypto updates ...
Share and follow me for more 👈😎
$BNB