VanEck has launched the first U.S. spot BNB ETF, trading under the ticker VBNB on Nasdaq, providing investors exposure to BNB through traditional brokerage accounts. VanEck Director of Digital Assets Product Kyle DaCruz stated that the firm focuses on blockchains with measurable adoption rather than technical promises. BNB Chain boasts 33 million monthly active users and 2.1 million daily active users, with roughly $100 billion in monthly stablecoin transfer volume and $16 billion in stablecoins minted on the network. DaCruz emphasized that BNB generates approximately $160 million in annual revenue, positioning it as a 'revenue chain' with sustainable economic value. The ETF has attracted about $2 million in assets since launch. VanEck expects staking to eventually become part of the ETF's value proposition once regulatory and operational conditions allow, providing investors yield while securing the proof-of-stake network. This move reflects a growing trend among advisors to prioritize active crypto investment strategies based on real user activity and revenue generation.

Key facts

• VanEck launched first US spot BNB ETF (VBNB) on Nasdaq.
• BNB Chain has 33M monthly active users and 2.1M daily active users.
• BNB generates roughly $160M in annual revenue.
• ETF attracted about $2M in assets since launch.
• Staking may be added to ETF once regulatory conditions allow.

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