VanEck launches first U.S. spot BNB ETF on Nasdaq

📄Full Article· Automatically extracted by trafilatura2467 words

VanEck launches first U.S. spot BNB ETF on Nasdaq The ETF offers investors BNB exposure through traditional brokerage accounts without requiring them to directly buy or store the token. What to know: - VanEck launched the first U.S. spot BNB ETF, trading as VBNB on Nasdaq with a 0.39% sponsor fee. Shares are backed by BNB in cold storage. - The ETF offers investors BNB exposure through traditional brokerage accounts without requiring them to directly buy or store the token. - BNB Chain is highly active, processing over 14 million daily transactions and holding $16B+ in stablecoins and $3.6B in tokenized real-world assets. Asset manager VanEck has launched the first U.S. exchange-traded fund offering spot exposure to BNB, further expanding its crypto ETF offerings. The VanEck BNB ETF, trading under the ticker VBNB, began trading with shares backed by BNB held in cold storage through custodian Anchorage Digital Bank, according to the company. The fund carries a sponsor fee of 0.39% and is listed on Nasdaq. The ETF gives investors exposure to BNB through traditional brokerage accounts without requiring them to buy or store the token directly. BNB is the native token of BNB Chain and is used to pay network transaction fees across the blockchain ecosystem. VanEck said BNB Chain processes more than 14 million transactions per day and supports over 2.5 million daily active users. The firm also cited Artemis data showing the network holds more than $16 billion in stablecoins and $3.6 billion in tokenized real-world assets. The launch follows amended filings from VanEck and Grayscale tied to proposed spot BNB ETFs. Spot bitcoin ETFs launched in the U.S. in January 2024, followed later by spot ether ETFs. These have since seen their total net assets surge to $86.45 billion and $11.6 billion respectively, according to SoSoValue data. ETFs for other altcoins including SOL, DOGE, HYPE, and XRP have since also been launched. More For You Grayscale’s decision to delay its IPO highlights the growing caution across the crypto industry as volatile markets and weak investor demand weigh on public listing plans. What to know: - Grayscale has paused its IPO plans due to unfavorable market conditions and is unlikely to resume preparations before Q4, according to a source. - The crypto asset manager, which filed confidentially for a U.S. IPO last November, is one of the industry’s largest firms and oversees products including the Bitcoin Trust...

Data Status✓ Full text extractedRead Original (CoinDesk)

🔍Historical Similar Events· Keyword + Asset Matching6 items

2026-05-18

Grayscale, VanEck amend US spot BNB ETF filings, stepping closer to a potential launch

2026-05-18

Grayscale, VanEck amend US spot BNB ETF filings, stepping closer to potential launch

2026-05-16

Grayscale and Vaneck Both Update Spot BNB ETF Filings as US SEC Review Heats Up

2026-05-28

The first BNB spot ETF in the US has been approved for listing! VanEck launches "VBNB" with a 0.39% fee, with staking not available initially.

2026-05-18

The BNB Spot ETF is coming? VanEck and Grayscale rush to file supplements, as the US altcoin ETF battle heats up again