{"id":25388,"date":"2025-05-06T13:17:01","date_gmt":"2025-05-06T13:17:01","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=25388"},"modified":"2025-05-06T13:17:01","modified_gmt":"2025-05-06T13:17:01","slug":"spot-bnb-etf-filed-days-after-binance-founder-met-vaneck-ceo-bnb-to-1000","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=25388","title":{"rendered":"Spot BNB ETF Filed Days After Binance Founder Met VanEck CEO: BNB to $1,000?"},"content":{"rendered":"<div>\n<p><em>VanEck files for a spot BNB ETF, days after its CEO met Changpeng Zhao, the founder of Binance. There are regulatory challenges ahead, but confidence is high. BNBUSDT prices are firm, is the coin heading to $1,000?<\/em><\/p>\n<p><span data-preserver-spaces=\"true\">BNB has been a laggard among the top five cryptos, missing out on trending events. Whether it\u2019s meme coins, NFTs, or tokenization, the BNB Chain trails Polygon, Ethereum, and Solana. The modern chain is boosted by Pump. fun\u2013a launchpad behind some of the <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-solana-meme-coins\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">best Solana meme coins<\/span><\/a>.<\/p>\n<p><span data-preserver-spaces=\"true\">This may be due to regulatory challenges and the reputational damage caused by Gary Gensler and U.S. agencies cracking down on Binance, accusing the exchange of violating securities laws. Changpeng Zhao, the founder, was forced to step down and sentenced to four months in prison. Binance also paid over $4 billion in fines to settle the case.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER:\u00a0<\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">20+ Next Crypto to Explode in 2025<\/span><\/a><\/strong><\/p>\n<h2><strong><span data-preserver-spaces=\"true\">VanEck Files for the First Spot BNB ETF in the United States<\/span><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">Four months after Donald Trump secured his second term, Binance is back in the spotlight. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">On May 5, 2025, VanEck, a digital asset manager, filed for the first spot BNB ETF with the U.S. SEC, the same agency that penalized its CEO. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The impact was immediate: BNB reversed its May 4 losses, outperforming Bitcoin and Ethereum in 24 hours.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full\" src=\"https:\/\/www.tradingview.com\/x\/JmxReCPT\/\" width=\"1499\" height=\"859\"><\/p>\n<p><strong>(<a class=\"general-link\" href=\"https:\/\/www.tradingview.com\/x\/JmxReCPT\/\" target=\"_blank\" rel=\"noopener nofollow\">BNBUSDT<\/a>)<\/strong><\/p>\n<p><span data-preserver-spaces=\"true\">Crucially for traders, it appears poised to solidify its position above $600.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">According to reports, VanEck, which already offers spot Bitcoin and Ethereum ETFs in the U.S., submitted an S-1 form to the SEC. <\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">VanEck just filed for a spot BNB ETF <a href=\"https:\/\/t.co\/yOanuNMyjp\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/yOanuNMyjp<\/a><\/p>\n<p>\u2014 Eric Balchunas (@EricBalchunas) <a href=\"https:\/\/twitter.com\/EricBalchunas\/status\/1919348507065876632?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">May 5, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">This critical regulatory document outlines the ETF\u2019s structure.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">If approved, the spot BNB ETF would be offered to institutional clients in the U.S. The product was registered in Delaware on March 31, 2025.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Currently, there are no details on whether staking will be included, allowing VanEck to stake the underlying asset and earn yield. This feature is notably absent in the current U.S. spot Ethereum ETF, possibly explaining its lackluster performance. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Unless the SEC permits staking for Ethereum ETF issuers, it\u2019s unlikely BNB will be treated differently.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Interestingly, VanEck filed the S-1 form just days after its CEO, Jan van Eck, met Changpeng Zhao at the TOKEN2049 crypto conference in Dubai.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">\u201cWe are advising many countries (except in Europe) on how to set up a crypto reserve like in the US. Europe isn\u2019t part of the discussion, it\u2019s missing on the map \u201d \u2013 CZ on strategic reserve progress around world (of which he consults on) <a href=\"https:\/\/t.co\/IQAlxKj3md\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/IQAlxKj3md<\/a><\/p>\n<p>\u2014 Eric Balchunas (@EricBalchunas) <a href=\"https:\/\/twitter.com\/EricBalchunas\/status\/1917528715463926152?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">April 30, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">The timing has sparked speculation about potential agreements or mutual confidence in their projects.<\/span><\/p>\n<h2><strong><span data-preserver-spaces=\"true\">Will BNBUSDT Spike to $1,000?<\/span><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">The approval process could take months or even years. However, if the SEC greenlights the ETF, backed directly by BNB, it would enable institutions to gain exposure to the coin legally. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">In turn, the development could provide a strong foundation for BNBUSDT to surge past its 2024 highs, even spiking to $1,000. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">On X, one analyst thinks the coin could surge to over $1,100.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24BNB&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$BNB<\/a> long term targets <\/p>\n<p>Looks like it\u2019s breaking out of this trendline <a href=\"https:\/\/t.co\/ESUD2qGmHM\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/ESUD2qGmHM<\/a><\/p>\n<p>\u2014 TraderSZ (@trader1sz) <a href=\"https:\/\/twitter.com\/trader1sz\/status\/1919420346068836768?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">May 5, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">Nonetheless, regulatory challenges remain. The SEC previously claimed that BNB and some other <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-crypto-to-buy\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">best cryptos to consider buying<\/span><\/a><span data-preserver-spaces=\"true\">, like ADA and MANA, were unregistered securities. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Although these claims were later withdrawn, the SEC has not publicly classified BNB or Ethereum as commodities. As such, the lack of clarity could pose a roadblock, as regulatory certainty would ease the path to fast approval.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER:<\/span><\/strong> <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">16 Next Crypto to Explode in 2025: Expert Cryptocurrency Predictions &amp; Analysis<\/span><\/a><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h3 class=\"nnbtc-key-takeaways__title\">VanEck Files Spot BNB ETF After Binance CEO Meeting: Will BNB Hit $1,000?<\/h3>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">VanEck files an S-1 form with the SEC for the first U.S. spot BNB ETF<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">VanEck currently issues spot Ethereum and Bitcoin ETFs<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">Binance founder and VanEck CEO met in Dubai during TOKEN2049<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">Will BNBUSDT extend gains and rally to $1,000?<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<\/ul><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/spot-bnb-etf-filed-days-after-binance-founder-met-vaneck-ceo-bnb-to-1000\/\">Spot BNB ETF Filed Days After Binance Founder Met VanEck CEO: BNB to $1,000?<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>VanEck files for a spot BNB ETF, days after its CEO met Changpeng Zhao, the founder of Binance. There are regulatory challenges ahead, but confidence is high. BNBUSDT prices are firm, is the coin heading to $1,000? BNB has been a laggard among the top five cryptos, missing out on trending events. Whether it\u2019s meme [&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-25388","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\/25388","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=25388"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/25388\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25388"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25388"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25388"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}