VanEck Registers for BNB ETF Listing in Delaware for SEC Approval
Investment manager VanEck has registered to list an exchange-traded fund (ETF) for BNB, the cryptocurrency of the Binance-linked BNB Chain. Key details include:
- Registration of a trust in Delaware as a preliminary step for SEC application.
- If approved, this would be the first BNB ETF in the U.S.
- VanEck previously issued ETFs for bitcoin and ether following their approvals in January and July 2024.
- The firm has also registered ETFs for Solana and Avalanche tokens.
- Current price of BNB is over $603, stable since news emerged.