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CryptoMediumUpdated•Originally published 28 May 2026•Updated 28 May 2026•
1 min read

Nasdaq Lists First U.S. Spot BNB ETF by VanEck

Key Facts

1VanEck launched the first spot BNB ETF in the United States under the ticker VBNB.
2The new ETF trades on the Nasdaq exchange with a fixed sponsor fee of 0.39%.
3The initial prospectus excludes governance reward generation or staking features.

In a move reflecting the ongoing expansion of digital assets within traditional financial markets, VanEck has launched the first spot BNB exchange-traded fund in the United States. The new fund trades on the Nasdaq exchange under the ticker VBNB with a fixed sponsor fee of 0.39%. According to the initial prospectus, the fund focuses on direct price performance, specifically excluding governance reward generation or staking features at this stage.

This listing follows the success of Bitcoin and Ethereum ETFs in attracting massive institutional inflows, with spot Bitcoin ETFs currently managing over $50 billion in assets per market data. Comparatively, VanEck’s 0.39% fee positions VBNB competitively; for instance, the iShares Bitcoin Trust charges approximately 0.25%, while Grayscale maintains a 1.5% fee for certain products. This launch marks a significant regulatory milestone for BNB's status as a core asset in the crypto ecosystem.

Traders are currently monitoring liquidity levels for VBNB on the Nasdaq to gauge initial institutional demand. Economically, investors are looking ahead to broader sentiment drivers, such as the U.S. CB Consumer Confidence index, which recently printed at 93.1, as a barometer for general risk appetite in the financial markets.