VanEck Files for the First-Ever Spot BNB ETF in the US

VanEck filed for a Spot BNB ETF, the first attempt to create an exchange-traded fund based on this token. The wave of altcoin ETF applications is intensifying, spurring optimism across the industry. At present, it’s difficult to assess how likely the SEC is to approve this filing. In a recent conference, Changpeng “CZ” Zhao theorized that this market cycle is currently focused on the Bitcoin ETF but that altcoin offerings will grow in prominence source: https://beincrypto.com/vaneck-files-first-ever-us-spot-bnb-etf/