Key Features of the fund:

Shares are backed by physical BNB held in cold storage

Expense ratio set at 0.39%

Allows investors to gain BNB exposure through traditional brokerage accounts

Eliminates the need to directly purchase or store cryptocurrency

BNB is the native token of BNB Chain

BNB Chain processes more than 14 million transactions daily

Network supports over 2.5 million daily active users

The launch marks another step in the rapid expansion of crypto ETFs beyond Bitcoin and Ethereum as issuers race to capture growing investor demand for altcoin exposure.

Binance Coin, or BNB, is the native token of BNB Chain, a blockchain ecosystem originally developed by crypto…

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