VanEck Files Prospectus for Nasdaq-Listed BNB ETF With Staking Rewards

VanEck has filed a prospectus for its BNB ETF, which will list on the Nasdaq and track the price of BNB alongside staking rewards from part of its holdings. The fund will directly hold BNB, with BitGo serving as its initial staking provider.

The ETF provides investors exposure to BNB through shares rather than direct token ownership, allowing them to participate in staking rewards without managing their own tokens.

The sponsor fee for the fund is 0.39%, and the prospectus notes that staking remains subject to legal and regulatory considerations.