Vaneck Investment Administrator has registered to list a BNB of follow -up of funds quoted on the stock market, the native cryptocurrency of the BNB chain linked to Binance.
The firm based in New York has proposed the establishment of a Trust in Delaware for a BNB ETF, a preliminary step to a formal application with the United States Stock Exchange and Securities Commission (SEC).
Vaneck’s ETF BNB, if approved, would be the first product of this type in the US.
The company was among the first ETF of Bitcoin (BTC) and Ethher (eth) in the USA. After approval in January and July 2024 respectively.
Vaneck has also registered to list the ETFs tracking the native tokens of Solana (Sol) and Avalanche (Avax).
BNB has a price of just over $ 603 at the time of writing, little changed in the hours from the first reports of Vaneck’s plans.
