VanEck has launched the first U.S. spot BNB ETF under the ticker VBNB. Listed on Nasdaq, the fund provides direct exposure to BNB, the native cryptocurrency of the BNB Chain, by holding physical BNB in cold storage with a qualified custodian.

The ETF, sponsored by VanEck Digital Assets, tracks BNB’s spot price with a 0.39% sponsor fee. It reported around $1.01 million in net assets shortly after launch on May 28, 2026, following initial SEC filings in 2025 and subsequent amendments. This marks an expansion of U.S. crypto ETF offerings beyond Bitcoin and Ethereum.