BNB (BNB) Price Slides 2% as VanEck Debuts First U.S. Spot ETF

VanEck debuted the VanEck BNB ETF on Thursday, marking a milestone as the first regulated U.S. spot ETF providing direct exposure to Binance's native cryptocurrency. Listed on NASDAQ under the ticker VBNB, the fund carries a 0.39% annual management fee.