Recently, VanEck submitted a proposal for a BNB ETF—becoming the first to propose an ETF for the token behind the Binance exchange. Investors believe this move could spark positive momentum for BNB and the BSC ecosystem, following VanEck’s success with its Bitcoin and Ethereum ETFs.
The First BNB ETF Proposal from a Leading Wall Street Fund
The crypto market has witnessed another significant milestone as VanEck, a prominent Wall Street investment firm, recently registered a BNB exchange-traded fund (ETF) in Delaware. This filing marks the first attempt to launch a BNB-specific ETF in the United States, adding to the increasing list of crypto-based financial products gaining traction in traditional markets. Right after that, CZ – ex-Binance CEO, confirmed this news on his official X account:
BNB ETF filing by VanEckhttps://t.co/4GuXMDkzCc
— CZ 🔶 BNB (@cz_binance) April 2, 2025
With this move, BNB BNB becomes the fifth token to have an ETF registration initiated by VanEck in Delaware, joining the ranks of Bitcoin, Ether, Solana, and Avalanche. The ETF, if approved, would attract a huge wave of liquidity and inflows from traditional institutions and retail to the BNB and BSC ecosystem.
Source: The Delaware Division of Corporations website
VanEck’s decision to pursue this filing highlights its confidence in BNB’s long-term potential and its growing relevance in the crypto market. As a leading Wall Street firm, VanEck’s involvement also lends credibility to BNB, potentially paving the way for greater adoption of altcoins in traditional investment portfolios.
This development signals the increasing acceptance of digital assets in mainstream finance and underscores VanEck’s pioneering role in bridging the gap between traditional investing and the crypto ecosystem.
Read more: Binance Review 2025: Features, Fees, Security, Pros & Cons
What’s New on BNB?
Binance Coin BNB was initially launched in 2017 as a utility token for the Binance platform, offering users discounts on trading fees and other benefits. Over the years, BNB has evolved significantly, especially with the introduction of the Binance Smart Chain (BSC) in 2020, a blockchain designed for dApps and smart contracts. This expansion has transformed BNB into a key player in the DeFi space, with its value and utility extending far beyond the Binance exchange.
Recently, BNB and the BSC ecosystem have drawn increasing attention from institutional and traditional investors, especially following the announcement that USD1 from Trump’s World Liberty Finance will be launched on BSC. Backed by support from traditional markets and former CEO CZ, BNB, and the BSC ecosystem have emerged as one of the most vibrant and promising ecosystems in the crypto space.
About VanEck
VanEck is no stranger to the world of innovative investing. Founded in 1955, the New York-based asset management firm has built a reputation for offering forward-thinking investment products, managing billions of dollars in assets across various sectors.
In recent years, VanEck has emerged as a leader in the cryptocurrency ETF space, consistently pushing the boundaries of what’s possible in regulated markets. The firm was among the first to file for a Bitcoin ETF and has since expanded its offerings to include Ether, Solana, and Avalanche ETFs—all registered in Delaware.
VanEck’s expertise in navigating complex regulatory landscapes and its commitment to providing investors with access to emerging asset classes make it a natural fit for spearheading the BNB ETF initiative. With this latest filing, VanEck continues to demonstrate its vision of integrating digital assets into mainstream finance, potentially reshaping how investors approach cryptocurrencies in the years to come.
In conclusion, VanEck’s registration of a BNB ETF in Delaware is a landmark moment for both the firm and the broader cryptocurrency industry. This ETF, being the first of its kind in the U.S., has the potential to create new opportunities for BNB and altcoins in general, merging the realms of traditional and digital finance in a way never seen before.
