VanEck Files for BNB ETF With SEC; Litecoin ETF Approval Odds Rise to 47%

VanEck has filed an S-1 registration with the U.S. Securities and Exchange Commission (SEC) to launch a BNB exchange-traded fund (ETF). If approved, the VanEck BNB ETF would allow investors to gain exposure to Binance Coin (BNB), the fifth-largest cryptocurrency by market capitalization, through a regulated product traded on traditional stock exchanges. The fund would track BNB’s price, offer direct custody with no derivatives used, and could include staking pending regulatory approval. Regular disclosures would be required. This filing follows VanEck’s earlier registration of the VanEck BNB ETF in Delaware on April 2, 2025. BNB powers the BNB Chain and supports DeFi applications within the Binance ecosystem. The SEC may request amendments or clarifications as part of its review, and a final decision timeline has not been set. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io