BNB Tops Bitcoin, Ethereum After VanEck Files For First US ETF Tracking The Token
Posted On May 6, 2025
BNB Coin (CRYPTO: BNB) edged higher Monday after asset management giant VanEck filed an exchange-traded fund application with the SEC.
What happened: BNB spiked over 2% in the last 24 hours, becoming the most successful cryptocurrency among the top ten by market capitalization. The coin’s trading volume rose 10.67% to $1.46 billion.
The rise overshadowed blue-chip cryptocurrencies Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), which rose 0.20% and 0.96%, respectively, in the 24-hour period.
Interestingly, BNB’s Open Interest fell 4.40% in the last 24 hours, according to Coinglass. A drop in Open Interest, combined …
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