VanEck has filed for the BNB ETF in Delaware. Let's get more: 

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The BNB ETF

     VanEck has expanded its range of crypto-ETF products by registering an ETF for BNB in Delaware. This marks the firm’s fifth crypto asset ETF registration in the state, following previous filings for BTC, ETH, SOL, and AVAX ETFs. This move highlights VanEck's growing interest in diversifying its crypto investments.

BNB is nice one

     Although I do not personally hold BNB at the moment, it remains an excellent PoS crypto, its use as a reserve in countries like Bhutan further proves its growing credibility. VanEck's decision to include BNB in its portfolio signifies the increasing dominance of Binance in the crypto-based investment product sector.

Road to Delaware

     Delaware's business-friendly regulations, with no specific crypto laws make it an attractive location for crypto-related investments. It is likely that crypto -based regulations will eventually be introduced in the State as the crypto market continues to evolve, time will tell how much it affect.

Originally Published at Wubits