Markets, BNB, Bnb chain, Binance, ETF, VanEck, Delaware VanEck’s BNB ETF, if approved, may be the first such product listed throughout the U.S.
Investment supervisor VanEck has registered to document an exchange-traded fund monitoring BNB, the native cryptocurrency of the Binance-linked BNB Chain.
The New York-based company has proposed the establishment of a trust in Delaware for a BNB ETF, a preliminary step to a correct utility with the U.S. Securities and Exchange Commission (SEC).
VanEck’s BNB ETF, if approved, may be the first such product listed throughout the U.S.
The agency was among the many many first issuers of bitcoin (BTC) and ether (ETH) ETFs throughout the U.S. following their approval in January and July 2024 respectively.
VanEck has moreover registered to list ETFs tracking the native tokens of Solana (SOL) and Avalanche (AVAX).
BNB is priced at merely over $603 on the time of writing, little modified throughout the hours as a result of the primary experiences of VanEck’s plans.
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