The United States’ first BNB spot ETF is now live, with custody held in an Anchorage cold wallet and a management fee of 0.39%. This increasingly standard posture for traditional finance to “bite into” this part of the crypto “cake” is becoming more commonplace. The staking feature is temporarily absent, and it’s likely to be added in later versions.

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MarsBitNews
VanEck launches the first spot BNB ETF in the United States, VBNB
Mars Finance News, according to The Block, asset management company VanEck officially launched the VanEck BNB ETF (ticker: VBNB) on Thursday, becoming the first exchange-traded product in the United States to offer direct exposure to BNB. VBNB is backed by physical BNB stored in cold wallets managed by Anchorage Digital Bank, with an expense ratio of 0.39%, and staking functionality is not supported at this time.
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