Vanck First Bnb ETF files in the United States

The VANECK Investment Manager provides a Trust First Bnb ETF entity (a trading box for exchange) in the United States.

Public records from the official Dillauer state show that the company recorded VNECK BNB ETF on March 31 under the deposit number 10148820.

Changpeng Zhao, former CEO, Binance, also known as CZ, shared the news in X mail Earlier today.

VANECK BNB ETF first of its kind in the United States

One of the first steps that the company takes is the first steps that the company takes when it is in the ETF launch process. BNB ETF is now proposed to the US Securities and Stock Exchange Committee (SEC) for review.

If the proposed BNB ETF from VANECK regulatory nods receive from the Supreme Education Council, it will represent the first fund of its kind to track the Binance currency, the fifth largest encryption according to the maximum market, in the United States.

However, it is not the first product related to BNB. 21 Shares has already launched Binance Bnb ETP outside the United States.

The BNB price was subjected to a 24 -hour decrease despite the bullish news. After registering a decrease over 1 % in the past 24 hours, the encryption trades at $ 598.54 as of 1:20 am EST. Coinmarketcap Data appears.

BNB joins

It was one of the companies that launched the spot Bitcoin And ethereum etfs in the United States at the beginning of 2024. After the success of these funds, the asset manager continued to present ETF for Solana (Sol) in June last year, then Avalanche (Avax) ETF.

Several other asset managers have applied for investment funds circulating in Altcoin with the American Securities Regulator since Donald Trump returned to the White House in January.

In February, analysts He said ETF Litecoin (LTC) is likely to be approved in 2025 of the other ETFS, which puts 90 % possibilities.

ETF’s official approval of the coin is outside. Litecoin performs with a chance of 90 %, then Doug, followed by Solana and XRP. We only do for 33 laws $ Ibit-files. But Def Poss to see Cayman-Subsidiary Type 40 ACT as well.

Eric Balunas (EricBalchunas) February 10, 2025

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