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Business & Economics

VanEck Files to Launch First US ETF Tracking Binance’s BNB

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VanEck , which manages $78 billion across 69 ETFs, filed with the SEC May 2 to issue the BNB ETF.

BNB is the token used on the network operated by Binance , the crypto exchange operator that in 2023 pleaded guilty to money laundering and other charges.

The filing comes amid a flurry of applications for alt-coin ETFs that have flooded the Securities and Exchange Commission since President Donald Trump was sworn in.