VanEck pitches BNB's $160M revenue and 33M monthly users as VBNB ETF edge

VanEck's Kyle DaCruz says the firm's new spot BNB ETF, VBNB, can stand out because BNB Chain already has real usage: 33 million monthly active users, 2.1 million daily users, about $100 billion in monthly stablecoin transfers, and $16 billion in stablecoins minted on-chain. The fund has attracted roughly $2 million since launch, but VanEck's bigger pitch is that BNB is a “revenue chain” generating around $160 million annually, with staking potentially adding yield if regulators and operations allow it.

TLDR by @Benthic

More coverage

• [PDF] VBNB Prospectus - VanEck (vaneck.com)
• VBNB - VanEck BNB ETF (US) | Holdings & Performance (vaneck.com)
• VanEck BNB ETF: VBNB Stock Price Quote & News - Robinhood (robinhood.com)
• Just launched: VanEck BNB ETF $VBNB The first ETP offering spot ... (x.com)
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