The established asset management giant VanEck has officially launched the BNB ETF product, trading under the code VBNB.

I looked into the background of this institution - established in 1955, they launched the world's first gold fund in 1968, definitely an old player in traditional finance. As of the end of October last year, they managed $171.7 billion in assets. The entry of a player of this size can be seen as adding a "compliance chapter" to BNB in a certain sense.

However, that being said, this ETF currently does not support staking functionality. It’s important to note that the staking rewards for BNB itself are quite substantial; is it a bit of a waste to let this portion of profit just sit there? It feels somewhat regrettable. Of course, from the perspective of product iteration logic, it’s very likely that a staking mechanism will be added in the future, after all, who would want to miss out on making money?

Traditional institutions continue to increase their investment in crypto ETFs, and the market acceptance is indeed steadily rising.