VanEck Files for First-Ever Binance Coin (BNB) ETF in the U.S.

VanEck has officially filed a Form S-1 with the U.S. Securities and Exchange Commission (SEC) to launch the first-ever Binance Coin (BNB) Exchange Traded Fund (ETF) in the United States — a move signaling growing institutional interest in BNB and expanding crypto adoption on Wall Street.First BNB ETF Proposal Hits U.S. MarketsOn May 2, asset management giant VanEck submitted an S-1 registration filing for the “VanEck BNB ETF,” officially registered in Delaware. If approved, the ETF would be the first U.S.-based product offering direct exposure to Binance Coin (BNB), currently the fifth-largest cryptocurrency by market capitalization, with a price of approximately $594.This move follows VanEck’s prior success with Bitcoin and Ethereum ETFs, and recent filings for Solana and Avalanche ETFs. The launch of a BNB ETF would mark the latest step in bridging traditional financial instruments with top-tier crypto assets.