VanEck’s move this time could be seen as the first U.S. spot BNB ETF, with custody held in an Anchorage cold wallet—an additional +1 signal that institutions are entering.

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BlockBeatNews
VanEck launches the United States' first BNB spot ETF, VBNB
BlockBeats News, May 28 — Asset management firm VanEck officially launched the VanEck BNB Spot ETF (ticker: VBNB) on Thursday, becoming the first ETF product in the United States to offer BNB spot exposure. VBNB is backed by physical BNB held in cold wallets at Anchorage Digital Bank, with a management fee of 0.39%. It does not support staking at this time.




VanEck said that BNB is one of the few cryptocurrencies that still do not have a spot ETF in the United States.
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