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VanEck Files Delaware Trust for Possible BNB ETF in the U.S

  • VanEck has applied to create a Delaware trust for a possible spot BNB ETF, registering the first such filing in the United States.
  • European investors already have access to BNB-related exchange-traded products (ETPs), such as the 21Shares BNB ETP started in Switzerland in 2019.
  • This filing follows VanEck's previous applications for U.S. crypto ETFs for Bitcoin, Ether, Solana, and Avalanche.
  • The move towards a BNB ETF indicates the increasing institutional interest in digital assets and the growing trend of crypto ETF applications in the United States.

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