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<a href="https://bbg-news.com/bnb-usd/">BNB</a> Joins Roster of Altcoins With Own ETFs

VanEck has launched the VanEck BNB ETF (VBNB), according to a Thursday announcement.  

This is the first investment product in the U.S. that lets investors directly track the current price of BNB.

This new fund gives traditional investors a way to invest in BNB Chain’s native asset. BNB Chain is a leading blockchain ecosystem, ranking among the largest globally in terms of users and activity.

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BNB is a major cryptocurrency, often ranking among the top three alongside XRP.

VBNB shares represent actual BNB coins securely stored offline by a trusted custodian. Unlike some other crypto products, it doesn’t use complex financial contracts like derivatives.

ETF expert Nate Geraci highlighted the importance of the recent launch on X (formerly Twitter). He pointed out that, until now, BNB was one of the few major cryptocurrencies not offered as a U.S. exchange-traded product (ETP).

Changpeng Zhao, the former CEO of Binance, has already shared his reaction to this new development on X (formerly Twitter).

The first #BNB spot ETP.

Slowly but surely.

— CZ 🔶 BNB (@cz_binance) May 28, 2026

The U.S. spot ETF roster

With the approval and launch of VBNB, the U.S. spot crypto ETF roster continues to expand. 

When Gary Gensler led the Securities and Exchange Commission, the agency was hesitant to approve exchange-traded funds (ETFs) for cryptocurrencies beyond Bitcoin and Ethereum. But with new leadership, there’s been a sudden and significant increase in the variety of these types of investment products.

U.S. investors now have access to a wide range of altcoins through newly approved exchange-traded funds (ETFs). Among the most popular are ETFs that track XRP, a cryptocurrency associated with Ripple.

You can also find exchange-traded funds (ETFs) that focus on newer or less common cryptocurrencies like Dogecoin, Hyperliquid, and Chainlink.

Avalanche (AVAX), Hedera (HBAR), and Polkadot (DOT) also boast their own ETFs. 

The cryptocurrency ETF market is currently experiencing a significant downturn, and BlackRock’s Bitcoin ETF (IBIT) just saw its largest drop in investments since it began.

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2026-05-28 20:33