<ul><li>VanEck has submitted an S-1 registration form to the SEC for launching a Binance Coin exchange-traded fund (BNB ETF), marking a significant move to introduce a new crypto-based investment fund in the U.S market.</li><li>The BNB ETF aims to offer regulated and passive investment products, providing investors with exposure to the digital asset without the need for cryptocurrency exchanges or digital wallets.</li><li>SEC approval of the BNB ETF could lead to staking opportunities and increased demand for Binance Coin, as investors seek low-cost and efficient ways to access the token through the ETF.</li><li>VanEck's application for the BNB ETF follows the successful launch of Bitcoin and Ethereum ETFs in 2023, highlighting the firm's commitment to expanding its presence in the digital asset market amidst growing institutional interest in altcoin investment products.</li></ul>

VanEck Files S-1 Form To SEC For Approval Launch the First-Ever BNB ETF in U.S Market

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