22 hours ago
Investment manager VanEck has registered to database an exchange-traded money tracking BNB, the autochthonal cryptocurrency of the Binance-linked BNB Chain.
The New York-based steadfast has proposed the constitution of a spot successful Delaware for a BNB ETF, a preliminary measurement to a ceremonial exertion with the U.S. Securities and Exchange Commission (SEC).
VanEck's BNB ETF, if approved, would beryllium the archetypal specified merchandise listed successful the U.S.
The institution was among the archetypal issuers of bitcoin (BTC) and ether (ETH) ETFs successful the U.S. pursuing their support successful January and July 2024 respectively.
VanEck has besides registered to database ETFs tracking the autochthonal tokens of Solana (SOL) and Avalanche (AVAX).
BNB is priced astatine conscionable implicit $603 astatine the clip of writing, small changed successful the hours since the archetypal reports of VanEck's plans.
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