VanEck, a major American investment management firm, has taken steps to launch a Binance Coin (BNB) exchange-traded fund (ETF) in the U.S. The firm has applied to establish a trust institution in Delaware prior to the official application. This marks the first attempt to introduce a BNB ETF in the U.S. market. VanEck has previously filed ETF registrations for Bitcoin, Ethereum, Solana, and Avalanche. Success will depend on regulatory approval and investor demand.