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VanEck launches the first spot BNB ETF VBNB in the United States

2026-05-28 14:35:12

PANews May 28 News, according to The Block, asset management company VanEck launched the VanEck BNB ETF (ticker: VBNB) on Thursday, making it the first exchange-traded product in the United States to offer direct exposure to the spot BNB price. The ETF is backed by physical BNB held in cold wallets at Anchorage Digital Bank, with a management fee of 0.39%. It currently does not include staking functionality, but the prospectus retains conditional staking provisions. VanEck was the first to submit a BNB ETF application in May 2025, and Grayscale is also working on a similar product.

BNB0.7%

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