VanEck has made a big move in bringing a Binance Coin (CRYPTO: BNB) ETF to the United States. The company recently registered for a BNB ETF trust in the state of Delaware, an important milestone for the crypto asset.
What This Means for BNB
This action positions Binance Coin with other giant cryptocurrencies—Bitcoin, Ethereum, Solana, and Avalanche—for which ETF filings have been submitted in the country. BNB may have global exchange-traded products (ETPs) such as the 21Shares Binance BNB ETP but has never had one based in the U.S. If approved, VanEck’s ETF will mirror the price of BNB, offering investors a more convenient means of acquiring exposure to the …
