VanEck BNB ETF

S-1/A amended

S-1/A amended

Price $25.00

VanEck BNB ETF (the 'Trust') is an exchange-traded fund seeking to reflect the performance of BNB tokens and staking rewards. The Trust plans to list Shares on Nasdaq under ticker VBNB, with initial seed investments from Van Eck Associates Corporation. The Sponsor, VanEck Digital Assets, LLC, oversees operations, while Anchorage Digital Bank N.A. serves as custodian. The Trust will issue Shares in blocks of 25,000, with subscriptions and redemptions handled by Authorized Participants.

S-1/A amended

The VanEck BNB ETF (the 'Trust') is an exchange-traded fund seeking to reflect the performance of BNB tokens, less operational expenses. The Trust holds BNB and values Shares daily based on the MarketVector TM BNB Benchmark Rate. While currently unstaked, the Sponsor may initiate staking activities subject to regulatory and tax considerations. The Trust plans to list Shares on Nasdaq under ticker 'VBNB' once BNB meets eligibility criteria. The offering is registered with the SEC, and the Trust is not subject to 1940 Act regulation. Seed Shares were purchased by the Seed Capital Investor, with future redemption and creation baskets pending. The Trust emphasizes risks related to BNB's volatility, lack of insurance, and speculative nature.

S-1/A amended

The VanEck BNB ETF (Trust) is a cryptocurrency-based exchange-traded fund seeking to track the price of BNB tokens, less operational expenses. The Trust holds BNB and values shares daily based on the MarketVector TM BNB Index. It does not currently stake BNB, though future staking may occur via third-party providers. The Trust is registering an indeterminate number of shares for continuous offering, with shares expected to list on Nasdaq under ticker VBNB. The filing includes disclosures about risks related to cryptocurrency volatility, regulatory uncertainty, and lack of insurance for shares.

S-1/A amended

The VanEck BNB ETF (Trust) is an exchange-traded fund designed to track the price of BNB and potential staking rewards, subject to regulatory and operational risks. The Trust holds BNB and values its shares daily based on a proprietary index. It allows for cash and in-kind subscriptions/redemptions through Authorized Participants and involves a Sponsor, Trustee, and custodians. The S-1/A reflects updates to staking provisions, custody arrangements, and seed investment details compared to the original S-1 filing.

S-1 filed

VanEck BNB ETF (the 'Trust') is an exchange-traded fund issuing shares tracking BNB, the BNB Chain's native token. The Trust holds BNB and calculates net asset value using an index of top BNB trading platforms. It is sponsored by VanEck Digital Assets, LLC, with Delaware Trust Company as trustee and a custodian for BNB. The ETF is an emerging growth company, not regulated under the 1940 Act, and shares are speculative with significant risks including price volatility and lack of insurance.