VanEck has officially launched the first U.S. spot BNB exchange-traded fund on the Nasdaq, providing investors with regulated exposure to the native token of the BNB Chain ecosystem.
Key Points
- The VanEck BNB ETF trades under the ticker VBNB and carries a 0.39% sponsor fee.
- Shares are fully backed by BNB tokens held in cold storage by custodian Anchorage Digital Bank.
- BNB Chain currently processes over 14 million daily transactions and supports 2.5 million active users.
- The network holds more than $16 billion in stablecoins and $3.6 billion in tokenized real-world assets.
- This launch follows the successful introduction of spot bitcoin and ether ETFs in the U.S. market.