Vaneck files to launch first spot BNB ETF in the U.S.
The post Vaneck files to launch first spot BNB ETF in the U.S. appeared on BitcoinEthereumNews.com.
VanEck has officially applied with the US Securities and Exchange Commission (SEC) to launch the first-ever spot BNB exchange-traded fund (ETF) in the US. It is expected to be listed on Nasdaq under the ticker VBNB. If approved, VBNB will offer institutional and retail investors new access to the fifth-largest crypto coin by market cap, directly through traditional brokerage accounts. According to the amended S-1 registration statement filed with the SEC, the fund will maintain physical custody of BNB, avoiding cash-settled derivatives or futures contracts. VBNB investors will not be eligible to receive staking rewards immediately The ETF is spot-based and aims to directly hold BNB tokens and track their price performance after deducting the trust’s operating expenses. The trust will evaluate its asset value daily based on the MarketVector BNB Index. 🚨 VanEck Files for a Spot BNB ETF SEC filings show VanEck Digital Assets is launching the VanEck BNB ETF (VBNB) on Nasdaq. The fund will hold BNB directly and track the MarketVector BNB Index, with no staking for now (future staking would use third-party providers with advance… pic.twitter.com/bBzyrv3tXS — SWFT Blockchain (@SwftCoin) November 25, 2025 However, the ETF investors may not be eligible to receive staking rewards and additional income. Still, Vaneck has left an open chance. VanEck stated that if staking is conducted in the future, it will be done through a third-party staking service provider, and investors will be notified in advance. The trust is not regulated under the Investment Company Act of 1940 or the Commodity Futures Trading Commission (CFTC). Therefore, it carries higher investment risks, which may result in total loss. VanEck is a major global ETF provider and has a track record of pioneering crypto-based investment vehicles. As reported by Cryptopolitan, the firm already operates several spot and futures-based crypto ETFs, including those tracking…
