BREAKING
117d 6h ago

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

BNB

BNB/USDT

$628.87
-2.07%
24h Volume

$391,790,158.91

24h H/L

$642.68 / $622.72

Change: $19.96 (3.21%)

Long/Short
68.7%
Long: 68.7%Short: 31.3%
Funding Rate

+0.0018%

Longs pay

Data provided by COINOTAG DATALive data
BNB
BNB
Daily

$628.87

-0.29%

Volume (24h): -

Resistance Levels
Resistance 3$687.82
Resistance 2$652.3662
Resistance 1$630.2317
Price$628.87
Support 1$627.76
Support 2$614.6806
Support 3$598.6617
Pivot (PP):$629.7633
Trend:Downtrend
RSI (14):43.0

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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