VanEck has introduced the first U.S. spot BNB ETF, trading as VBNB on Nasdaq with a 0.39% fee. The ETF provides investors exposure to BNB through traditional brokerage accounts without needing to buy or store the token directly. BNB Chain is highly active, processing over 14 million daily transactions and holding significant assets in stablecoins and tokenized real-world assets. This launch follows the trend of spot crypto ETFs gaining popularity in the U.S., expanding options beyond Bitcoin and Ether to other altcoins.
VanEck has introduced the VanEck BNB ETF (VBNB), the first US-regulated fund offering direct exposure to BNB, the native token of the BNB Chain ecosystem. This ETF holds actual BNB tokens, allowing investors to gain exposure without managing wallets ...
USDT (Tether) trading volume has increased significantly across major cryptocurrency exchanges due to heightened volatility in Bitcoin and other altcoins. Traders are using USDT as a stable liquidity asset to manage risk and maintain market exposure ...
During a recent market downturn, traders moved over $35 million into the stablecoin Tether (USDT), signaling a defensive shift away from riskier assets like Bitcoin and major altcoins. This influx reflects increased market volatility and uncertainty,...
Grayscale's new report identifies Ethereum, Solana, BNB Chain, and Canton Network as the primary blockchain networks set to benefit from the U.S. Clarity Act and SEC guidance, which aim to provide clearer rules for digital assets. This regulatory cla...
Ethereum's price dropped below the key $2,000 support level amid weakening on-chain activity and bearish technical signals. Exchange withdrawals hit their lowest since June 2024, indicating slower long-term accumulation, while failed transactions and...
