{"id":20221,"date":"2025-04-02T13:03:07","date_gmt":"2025-04-02T13:03:07","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=20221"},"modified":"2025-04-02T13:03:07","modified_gmt":"2025-04-02T13:03:07","slug":"vaneck-files-for-a-spot-bnb-etf-can-the-binance-linked-crypto-beat-xrp-to-become-the-next-etf","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=20221","title":{"rendered":"VanEck Files For A Spot BNB ETF: Can The Binance-Linked Crypto Beat XRP To Become The Next ETF?"},"content":{"rendered":"<div>\n<p>Leading investment company VanEck has filed to register a Delaware trust company for an exchange-traded fund (ETF) tracking the Binance-linked BNB digital asset.<\/p>\n<p>On March 31, VanEck registered a new entity under the name \u2018VanEck BNB ETF\u2019 in Delaware, according to public records on the official <a class=\"general-link\" href=\"https:\/\/icis.corp.delaware.gov\/eCorp\/EntitySearch\/NameSearch.aspx\" target=\"_blank\" rel=\"noopener nofollow\">Delaware state website<\/a>.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">BNB ETF filing by VanEck<a href=\"https:\/\/t.co\/4GuXMDkzCc\" target=\"_blank\" rel=\"nofollow\">https:\/\/t.co\/4GuXMDkzCc<\/a><\/p>\n<p>\u2014 CZ <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f536.png\" alt=\"\ud83d\udd36\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> BNB (@cz_binance) <a href=\"https:\/\/twitter.com\/cz_binance\/status\/1907256681987486136?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">April 2, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>A BNB ETF Could Provide Some Good News To Halt Its -5% Slide In The Past Week.<\/h2>\n<p>According to the Delaware state website, filing 10148820 shows that VanEck registered the entity as a trust corporate service company in Delaware, hinting at a potential spot BNB ETF in the United States.<\/p>\n<p>VanEck is the first company to propose a potential Spot BNB ETF in the US, potentially signaling an expansion of the BNB Chain, formerly known as Binance Chain, across traditional financial products in the market.<\/p>\n<p>Binance could use some good news after the exchange has been struggling to stay ahead of the <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/binance-trashed-non-mica-compliant-tokens-in-eea-dex-crypto-trading-is-the-way-forward\/\" target=\"_blank\" rel=\"noopener\">EU\u2019s MiCA regulations<\/a>, which has seen it have to de-list prominent crypto trading pairs for EU countries.<\/p>\n<p>Similarly, the BNB token, which is often associated with Binance, is down roughly 5% in the past week, and investors will be hoping news of the VanEck Spot ETF filing can reverse course for the number 5 ranked digital asset.<\/p>\n<p>CoinGecko has BNB as the fifth largest cryptocurrency by market cap, which is $87.7 billion. It sits a fair way behind Ripple (XRP) in fourth, which is valued at over $123 billion.<\/p>\n<p>If BNB received a spot ETF listing in the US before XRP, it could catapult above the Ripple blockchain\u2019s native token.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-221906 size-full\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-02-at-12.18.32.png\" alt=\"VanEck filing for a spot BNB ETF in the US comes after 9 investment firms all filed for an XRP ETF. 21shares already have a BNB ETP in Europe\" width=\"2555\" height=\"993\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-02-at-12.18.32.png 2048w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-02-at-12.18.32-300x117.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-02-at-12.18.32-1024x398.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-02-at-12.18.32-768x298.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-02-at-12.18.32-1536x597.png 1536w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-02-at-12.18.32-50x19.png 50w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-02-at-12.18.32-308x120.png 308w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-02-at-12.18.32-350x136.png 350w\" sizes=\"auto, (max-width: 2555px) 100vw, 2555px\"><\/p>\n<p>(<a class=\"general-link\" href=\"https:\/\/www.coingecko.com\/en\/coins\/bnb\" target=\"_blank\" rel=\"noopener nofollow\">COINGECKO<\/a>)<\/p>\n<p><strong>EXPLORE: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/worlds-first-ever-meme-coin-index-fund-ends-seed-round-memex-launch-announcement-cex-listing-and-memex-claim-date\/\" target=\"_blank\" rel=\"noopener\">World\u2019s First Ever Meme Coin Index Fund Ends Seed Round. MEMEX Launch Announcement, CEX Listing, and $MEMEX Claim Date<\/a><\/strong><\/p>\n<h2>BNB ETP Product Already Exists Across The Pond In Europe<\/h2>\n<p>While VanEck is the first to move toward a potential BNB ETF product in the US, similar products have traded in Europe for several years.<\/p>\n<p>One of Europe\u2019s leading crypto asset managers, 21Shares, launched a BNB exchange-traded product (ETP) in Switzerland in October 2019.<\/p>\n<p><a class=\"general-link\" href=\"https:\/\/www.tradingview.com\/symbols\/SIX-ABNB.USD\/technicals\/\" target=\"_blank\" rel=\"noopener nofollow\">TradingView<\/a> data suggests that 21Shares BNB ETP has only $15 million in assets under management (AUM), a 0.3% share of Switzerland\u2019s total crypto AUM of $5.3 billion as of March 28, as reported by CoinShares.<\/p>\n<p>The product reportedly saw a significant drop in fund flows in the past year, totaling 537 million euros, or $580 million.<\/p>\n<h2>VanEck On An ETF Filing Spree<\/h2>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f6a8.png\" alt=\"\ud83d\udea8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f6a8.png\" alt=\"\ud83d\udea8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> BREAKING NEWS:<\/p>\n<p>$1.5T AUM Franklin Templeton explores launching XRP and Crypto ETPs in Europe as part of its new investment offerings. <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1fa99.png\" alt=\"\ud83e\ude99\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f1ea-1f1fa.png\" alt=\"\ud83c\uddea\ud83c\uddfa\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> <\/p>\n<p>Franklin Templeton also filed 2 XRP ETFs with the US SEC &amp; CBOE.<a href=\"https:\/\/twitter.com\/hashtag\/XRP?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">#XRP<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/RLUSD?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">#RLUSD<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/XRPETF?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">#XRPETF<\/a> <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f48e.png\" alt=\"\ud83d\udc8e\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f48e.png\" alt=\"\ud83d\udc8e\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f48e.png\" alt=\"\ud83d\udc8e\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f48e.png\" alt=\"\ud83d\udc8e\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f48e.png\" alt=\"\ud83d\udc8e\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f48e.png\" alt=\"\ud83d\udc8e\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f48e.png\" alt=\"\ud83d\udc8e\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f48e.png\" alt=\"\ud83d\udc8e\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f48e.png\" alt=\"\ud83d\udc8e\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/1f48e.png\" alt=\"\ud83d\udc8e\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> <a href=\"https:\/\/t.co\/3HZAJP4jDA\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/3HZAJP4jDA<\/a><\/p>\n<p>\u2014 Kenny Nguyen (@mrnguyen007) <a href=\"https:\/\/twitter.com\/mrnguyen007\/status\/1907391201034248373?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">April 2, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>VanEck\u2019s BNB ETF trust filing is just one of many new US altcoin ETF filings and registrations following Donald Trump\u2019s presidential inauguration in January.<\/p>\n<p>In early March, VanEck registered a similar Delaware trust for an ETF tracking the price of Avalanche (AVAX), also becoming one of the first companies to register such a trust.<\/p>\n<p>Interestingly, they aren\u2019t on the list of 9 firms recently filing for a Ripple (XRP) ETF. Many ETF issuers have filed for an XRP ETF with the Securities and Exchange Commission (SEC).<\/p>\n<p>The list includes some of the biggest asset managers in the US and is as follows: Grayscale, CoinShares, 21shares, Bitwise, Canary Capital, ProShares, Franklin Templeton, and Volatility Shares.<\/p>\n<p class=\"p1\"><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/crypto-presales\/\" target=\"_blank\" rel=\"nofollow noopener\">The 12+ Hottest Crypto Presales to Buy Right Now\u00a0<\/a><\/strong><\/p>\n<p><a class=\"general-link\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"nofollow noopener nofollow nofollow\"><b>Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/b><\/a><\/p>\n<p class=\"p1\">\n<div class=\"nnbtc-key-takeaways\">\n<h3 class=\"nnbtc-key-takeaways__title\">Investment firm VanEck file for a US-based Spot BNB ETF<\/h3>\n<p class=\"p1\">\n<ul class=\"nnbtc-key-takeaways__list\">\n<p class=\"p1\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n         BNB is down 5% on the week and news of a potential ETF could provide the right catalyst for a reversal     <\/li>\n<p class=\"p1\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n         There is already a BNB ETP product from 21shares in operation across Europe     <\/li>\n<p class=\"p1\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n         9 investment firms have recently filed for an XRP ETF while VanEck are the first to file for a BNB ETF     <\/li>\n<p class=\"p1\">\n<\/ul>\n<p class=\"p1\">\n<\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/vaneck-files-for-a-spot-bnb-etf-can-the-binance-linked-crypto-beat-xrp-to-become-the-next-etf\/\">VanEck Files For A Spot BNB ETF: Can The Binance-Linked Crypto Beat XRP To Become The Next ETF?<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Leading investment company VanEck has filed to register a Delaware trust company for an exchange-traded fund (ETF) tracking the Binance-linked BNB digital asset. On March 31, VanEck registered a new entity under the name \u2018VanEck BNB ETF\u2019 in Delaware, according to public records on the official Delaware state website. BNB ETF filing by VanEckhttps:\/\/t.co\/4GuXMDkzCc \u2014 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-20221","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/20221","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20221"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/20221\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20221"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20221"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}