VanEck just made BNB available in your brokerage account. The asset manager launched the VanEck BNB ETF, trading under the ticker VBNB on Nasdaq, making it the first US spot ETF to offer direct exposure to the native token of the BNB Chain.
The fund started trading on May 7, 2026. As of May 26, it held total net assets of $1.02 million, with a net asset value of $25.48 per share and a gain of 1.93% since inception.
What the fund actually does
VBNB works the same way spot Bitcoin and Ethereum ETFs do. The fund holds actual BNB tokens and tracks their price movements, giving investors exposure without requiring them to set up a crypto wallet, manage private keys, or navigate exchange onboarding.
The expense ratio comes in at 0.39%. VanEck Digital Assets, LLC sponsors the fund. Anchorage Digital Bank N.A. handles custody, and State Street manages administration.
