VanEck Launches First BNB Exchange-Traded Fund

CryptoProwl

Thu, May 28, 2026 astatine 9:04 AM CDT 1 min read

Asset manager VanEck has launched the archetypal U.S. exchange-traded money (ETF) that provides vulnerability to the cryptocurrency Binance Coin (CRYPTO: $BNB). 

The VanEck BNB ETF (NASDAQ: $VBNB) trades with shares backed by Binance Coin held successful acold retention done custodian Anchorage Digital Bank. 

The money has a interest of 0.39% and gives investors vulnerability to BNB done accepted brokerage accounts without requiring them to bargain oregon store the cryptocurrency directly. 

More From Cryptoprowl:

• Ripple, The Company Behind XRP, Is Valued At $50 Billion

• Eightco Secures $125 Million Investment From Bitmine And ARK Invest, Shares Surge

• Blockchain Projects Decline 75% As Developers Shift To A.I.

• Stanley Druckenmiller Says Stablecoins Could Reshape Global Finance

• New York Stock Exchange Invests $600 Million In Polymarket

Binance Coin is the autochthonal token of BNB Chain and is utilized to wage web transaction fees crossed the blockchain ecosystem.

BNB Chain is simply a community-driven blockchain primitively launched by the cryptocurrency speech Binance. It acts arsenic a web for Web3 and decentralized concern (DeFi). 

VanEck said BNB Chain processes much than 14 cardinal transactions per time and supports implicit 2.5 cardinal regular progressive users. 

Spot Bitcoin (CRYPTO: $BTC) and Ethereum (CRYPTO: $ETH) ETFs person nett assets of $86.45 cardinal U.S. and $11.60 cardinal U.S., respectively, according to marketplace data. 

Several ETFs focused connected altcoins specified arsenic Solana (CRYPTO: $SOL) and Dogecoin (CRYPTO: $DOGE) person been launched successful caller years.