VanEck Seeks Approval for First U.S.-Based BNB Spot ETF

📌 VanEck Seeks Approval for First U.S.-Based BNB Spot ETF With Staking Option – TL;DR VanEck filed an application with the SEC to create the first spot Binance Coin (BNB) ETF in the United States, including a staking option. The fund would allow investors to invest in BNB without the need to buy or custody the token, and would offer additional yields through staking. There

$BNB

VanEck has submitted a groundbreaking application to the SEC to launch the first U.S.-based spot #BinanceCoin ETF, which includes a staking option. This innovative fund aims to provide investors with a streamlined way to invest in #BNB without the need to buy or hold the token directly. Additionally, the fund offers potential for extra returns through a staking mechanism, enhancing yield opportunities for investors. This move marks a significant step in broadening access to #BinanceCoin and potentially sets a precedent for future cryptocurrency ETFs with staking options.

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