BREAKING
96d 19h ago

VanEck BNB ETF Drops Staking Option, Warns of Underperformance vs Holding BNB in SEC S-1 Filing

BNB

BNB/USDT

$610.87
-0.01%
24h Volume

$669,473,373.58

24h H/L

$615.60 / $588.64

Change: $26.96 (4.58%)

Long/Short
74.3%
Long: 74.3%Short: 25.7%
Funding Rate

-0.0013%

Shorts pay

Data provided by COINOTAG DATALive data
BNB
BNB
Daily

$610.87

-0.51%

Volume (24h): -

Resistance Levels
Resistance 3$718.8337
Resistance 2$641.691
Resistance 1$614.2442
Price$610.87
Support 1$605.1433
Support 2$577.06
Support 3$464.1269
Pivot (PP):$605.0367
Trend:Downtrend
RSI (14):38.6

COINOTAG News reports that VanEck filed its latest S-1 with the SEC on November 21, signaling a material shift for the proposed BNB ETF: there will be no staking feature at listing, and the fund will not receive any staking income.

VanEck notes that removing the staking option could leave the ETF with a muted return relative to a direct BNB position, potentially introducing tracking error against the underlying asset and limiting income generation for investors.

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