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VanEck Launches First U.S. Spot BNB ETF

2026-05-31 04:13:13

VanEck launched the VanEck BNB ETF on Thursday as the first U.S. exchange-traded product designed to provide spot BNB exposure. The prospectus says VBNB is physically backed by BNB held in cold storage with Anchorage Digital Bank and carries a 0.39% sponsor fee. Both VanEck and Grayscale filings exclude staking at launch but contain conditional staking language. The Block's prices page put BNB market capitalization at around $88.3 billion.

BNB-2.64%

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