Binance’s BNB Takes Center Stage as VanEck Files for First U.S. ETF with Staking Rewards
VanEck has made a groundbreaking move by filing for the first U.S. BNB exchange-traded fund (ETF) with the SEC. This innovative proposal includes a mechanism for investors to earn staking rewards alongside potential token appreciation, marking a significant development in the cryptocurrency ETF space. The filing leverages Binance’s BNB Chain native token, potentially setting a new precedent for crypto-based financial products in the regulated U.S. market. This comes at a time when staking rewards were previously contentious under former SEC leadership, suggesting a possible shift in regulatory perspectives. The proposed ETF could open new avenues for institutional and retail investors to gain exposure to BNB while participating in the proof-of-stake ecosystem. As of May 2025, this development represents a major milestone for Binance’s ecosystem and could significantly impact the broader adoption of cryptocurrency investment vehicles.
VanEck Files for First U.S. BNB ETF, Potentially Including Staking Rewards
VanEck has taken a pioneering step by submitting paperwork to the SEC for a BNB exchange-traded fund, marking the first such proposal in the U.S. market. The filing outlines plans for investors to earn staking rewards alongside token appreciation, a feature previously contentious under former SEC leadership.
BNB Chain’s native token would form the backbone of this novel financial product, leveraging Binance’s established blockchain infrastructure. Regulatory approval hinges on the SEC’s evolving stance toward crypto staking mechanisms under new leadership.
Standard Chartered Predicts BNB Could Reach $2,775 by 2028
BNB, the native token of Binance’s BNB Chain, is projected to climb to $2,775 by the end of 2028, according to a research report from Standard Chartered. Analyst Geoff Kendrick notes the token has mirrored the performance of an unweighted basket of Bitcoin and Ethereum since May 2021, a trend expected to persist.
The report highlights BNB’s stability as long as Binance remains a dominant centralized exchange. "BNB’s value drivers are unlikely to change anytime soon," Kendrick wrote, suggesting the token could serve as a benchmark for digital assets. Currently trading around $600, BNB’s steady returns position it as a key player in the crypto market.
Heavy TRUMP Accumulation Sparks Rally Speculation Amid Whale Activity
Whale accumulation of the OFFICIAL TRUMP token has surged following a 23% weekly decline, with over 1 million tokens withdrawn from Binance in recent hours. The move signals potential bullish momentum despite a 5.31% intraday dip.
On-chain data reveals a newly created wallet acquired $10.84 million worth of TRUMP tokens from Binance within 30 minutes of its creation. Such concentrated buying pressure often precedes price reversals in speculative crypto assets.
