VanEck’s Bold Move: First-Ever BNB ETF Filed for U.S. Market

VanEck has made a groundbreaking move by filing for the first-ever Binance Coin (BNB) exchange-traded fund (ETF) in the U.S. market. This marks a significant milestone in the institutional adoption of cryptocurrencies, particularly for Binance’s native token. The proposed ETF, which would track the price of BNB, aims to provide investors with a regulated and passive investment vehicle. If approved, this could open the door for broader institutional interest and staking demand for BNB, further solidifying its position in the digital asset space.

VanEck Files for First-Ever BNB ETF in U.S. Market

VanEck has taken a significant step toward launching the first Binance Coin exchange-traded fund in the U.S., filing an S-1 registration form with the Securities and Exchange Commission. The proposed BNB ETF would track the price of Binance’s native token, offering investors a regulated, passive vehicle for exposure to the digital asset.

Approval could catalyze broader institutional adoption of BNB, potentially unlocking staking demand and reinforcing the token’s market position. The move signals growing mainstream acceptance of crypto-based investment products despite regulatory headwinds.

Ex-Binance CEO Advocates Bitcoin and BNB as Kyrgyzstan’s Reserve Assets

Former Binance CEO Changpeng Zhao has publicly advised Kyrgyzstan to adopt Bitcoin (BTC) and Binance Coin (BNB) as foundational assets for its planned national crypto reserve. In a May 5 post on X, Zhao emphasized Bitcoin’s scarcity and BNB’s utility within the Binance ecosystem.

The recommendation coincides with Binance’s recent agreement to support crypto payments and blockchain education initiatives in Kyrgyzstan. The Central Asian nation has also enacted legislation authorizing its central bank to issue a digital version of the som, signaling broader cryptocurrency integration.