BREAKING
75d 10h ago

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

BNB

BNB/USDT

$647.23
+1.19%
24h Volume

$689,589,079.15

24h H/L

$655.51 / $637.61

Change: $17.90 (2.81%)

Long/Short
72.8%
Long: 72.8%Short: 27.2%
Funding Rate

-0.0064%

Shorts pay

Data provided by COINOTAG DATALive data
BNB
BNB
Daily

$647.24

0.04%

Volume (24h): -

Resistance Levels
Resistance 3$771.4076
Resistance 2$715.455
Resistance 1$682.8102
Price$647.24
Support 1$630.8822
Support 2$570.06
Support 3$426.7514
Pivot (PP):$645.3833
Trend:Downtrend
RSI (14):26.5

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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