On Monday, investment firm VanEck registered a Binance Coin (BNB) exchange-traded fund (ETF) in Delaware, marking its fifth cryptocurrency ETF registration in the state. The "VanEck BNB ETF" was registered as a trust corporate service company under filing number 10148820. BNB's trading volume jumped 40% to over $2 billion following the announcement. This move follows VanEck's previous filings for Bitcoin, Ethereum, Solana, and Avalanche ETFs, and comes as crypto-based exchange-traded products have drawn approximately $44 billion in assets during 2024 alone.
VanEck Registers Binance Coin ETF in Delaware Amid Crypto ETF Expansion
Edited by: Yuliya Shumai
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