Emre Yumlu 
US investment giant VanEck has filed a formal application with the SEC to launch an BNB ETF that will directly track the BNB price. The filing, submitted on May 2 under Form S-1, introduces the VanEck BNB ETF, which—if approved—would become the first US-listed ETF providing direct exposure to BNB, the native token of the BNB Chain.
While the fund’s trading symbol has yet to be revealed, one standout feature in the preliminary prospectus is the potential inclusion of staking. Subject to regulatory clearance from the listing exchange, this would enable investors to earn passive income in BNB through staking, managed by trusted providers, possibly including VanEck-affiliated entities.
A First-of-Its-Kind BNB ETF in the US
VanEck had previously established a dedicated trust in Delaware to support this new fund. This move strengthens the firm’s growing suite of crypto-focused financial products. Following filings related to Bitcoin, Ethereum, Solana, and Avalanche, BNB has now become the fifth crypto asset VanEck has targeted with a standalone ETF proposal.
Recognized as one of the early movers in the crypto ETF space, VanEck successfully launched its spot Bitcoin and Ethereum ETFs in the US last year. The firm was also among the first to propose a Bitcoin futures ETF back in 2017.
BNB, currently trading around $593, is the utility token of the BNB Chain, powering transactions and smart contracts while serving various functions across the broader Binance ecosystem. According to CoinMarketCap data, its price has remained relatively stable in the past 24 hours.
VanEck’s latest filing signals both increasing institutional interest in BNB and the ongoing development of crypto-native investment tools within the US regulatory framework.
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