VanEck Sneaks in BNB ETF Filing—Wall Street’s Late to the Crypto Party Again
VanEck just lobbed a grenade into traditional finance’s backyard—filing the first-ever BNB ETF with the SEC. No press releases, no fanfare. Just paperwork that could force institutional dinosaurs to finally acknowledge Binance’s ecosystem.
Why it matters: This isn’t just about BNB. It’s a Trojan horse—legitimizing a token once deemed ’too risky’ by the same suits now scrambling to custody it.
The kicker? The filing dropped while Wall Street was busy overcomplicating Bitcoin ETFs. Nothing like watching trillion-dollar firms play catch-up with an asset they mocked three years ago.