VanEck launches first U.S. spot BNB ETF on Nasdaq
CoinDesk
VanEck has launched the first U.S.-based spot BNB exchange-traded fund, ticker VBNB, now trading on the Nasdaq exchange.Summary
Asset manager VanEck has introduced the first U.S. spot BNB ETF (VBNB) on the Nasdaq, allowing investors to gain exposure to the BNB token through traditional brokerage accounts. The shares are backed by actual BNB held in cold storage by Anchorage Digital Bank and feature a sponsor fee of 0.39%. VanEck highlights the strength of the BNB Chain ecosystem, noting its significant daily transaction volume and stablecoin holdings, as the crypto ETF market continues to expand beyond Bitcoin and Ether to include various altcoins.
(Source：CoinDesk)