BNB price surged more than 5% on Friday after VanEck launched the first Binance Coin-linked exchange-traded product, triggering renewed optimism around institutional demand for the token. The rally pushed BNB back above $670 and into a key breakout zone as traders reacted to rising derivatives activity and strengthening sentiment across the Binance ecosystem.
BNB enters the US spot ETF market. VanEck has launched the first crypto-backed fund from the Binance ecosystem, offering investors regulated exposure to one of the market's leading assets.
CoinDesk finds Binance took 78% of net inflows as Glassnode flags weak spot breadth. Exchange tokens face flow and regulatory shocks, eroding their defensive status.
The DxSale legacy locker exploit drains $7.3M from BNB Chain pools as investigators trace movements and backdoor claims.
DxSale was drained of about $7.3M on BNB Chain, affecting around 1,400 liquidity providers tied to old memecoin liquidity lockers. PeckShield tracked $1.87M in BNB moving into two wallets and multiple Binance deposit addresses, while analysts warned tracing was becoming harder.
DxSale suffered a security breach that resulted in approximately $7.3 million being drained from liquidity locker contracts, affecting around 1,400 liquidity providers.
Vaneck has officially launched the first spot BNB exchange-traded fund (ETF) in the United States, granting standard brokerage accounts direct exposure to the Binance ecosystem. Institutional Capital Flows Toward Binance's Native Asset Global asset manager Vaneck has officially launched the Vaneck BNB ETF, trading under the ticker VBNB on the Nasdaq.
DxSale has suffered a $7.3 million exploit after an attacker allegedly used a hidden backdoor in a liquidity locker contract to withdraw BNB locked by more than 1,400 liquidity providers on the BNB Chain.
VanEck launched the first US spot BNB ETF under ticker VBNB with a 0.39% fee, custodied by Anchorage Digital Bank, extending the wave of single-asset crypto ETFs beyond bitcoin and ether.
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.
First-of-its-kind vehicle: Asset management firm VanEck listed its new exchange-traded fund physically backed by BNB tokens this Thursday. Cost structure: The financial instrument trades under the ticker VBNB and sets a fixed sponsor fee of 0.39%. Exclusion of yields: The initial prospectus specifications strictly omit governance reward generation (staking) features.
The filing showed VBNB will directly hold spot BNB while acknowledging Binance-linked regulatory and validator concentration risks.