Vaneck brings the first BNB ETF of the USA into play: a milestone for the crypto market

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Vaneck suggests the first BNB ETF in the USA

The investment giant Vaneck has undergone an important step towards expanding the crypto ETFs in the USA. The company has registered a stock market -traded fund (ETF) that will track the performance of BNB, the native token of the Binance Smart Chain. Vaneck applied for the foundation of a trust in Delaware to submit to the formal submission of his application to the U.S. Prepare Securities and Exchange Commission (SEC). If this application is approved, this would be a historic moment, since it is the first BNB ETF to be listed in the USA.

Success after Bitcoin and Ethereum-ETFS

Vaneck is already a leader in the area of ​​cryptocurrency ETFs after the company successfully launched Bitcoin (BTC) and Ethereum (ETH) ETFs according to their official permits in early 2024. Vaneck's commitment to expand his offer underlines the growing institutional interest in alternative cryptocurrencies beyond BTC and ETH. In addition to the application for the BNB-ETF, Vaneck has also requested that ETFs list be registered, the Solana (SOL) and Avalanche (Avax) track. This indicates a broader advance to integrate more old coins into mainstream investment portfolios.

market reaction on BNB and investor perspective

After the announcement, the BNB price remained stable and moved by $ 603. Although the message did not immediately trigger a price increase, the potential approval of a BNB ETF could significantly influence acceptance and market liquidity of the token. An approved ETF could pave the way for increased institutional investments in the Bony ecosystem and thus further legitimize BNB as a mainstream system. Nevertheless, regulatory hurdles remain a central concern, especially in view of the continuing checks of Binance in the USA.

BNB-ETF future: What's next?

While Vaneck drives its ETF plans forward, the cryptoma market will carefully observe the reaction of the SEC. A successful approval would not only be a profit for Vaneck, but also for the entire crypto industry, since it could open up new opportunities for further asset-supported ETFs in the future.