VanEck Files to List a BNB ETF
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Asset manager VanEck has applied for approval from US regulators to list an exchange-traded fund (ETF) holding BNB, the native token of Binance’s BNB Chain, according to filings.

The ETF aims to accumulate spot BNB tokens and may occasionally staking a portion of the fund's assets through trusted staking providers, as outlined in the ETF's S-1 prospectus.

This is the first time an asset manager has filed a BNB ETF in the United States.

The BNB token has a market capitalization of approximately $84 billion, according to CoinMarketCap data. As of May 5, BNB stakers earn about a 2.5% yield.

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