VanEck, a prominent US asset manager, has taken a significant step by submitting an S-1 registration form to the United States Securities & Exchange Commission. This filing aims for a Binance Coin-based exchange-traded fund (ETF). This development can be pivotal for Binance’s native coin as it seeks entry into regulated financial markets in the US. If approved, it could open doors for broader investor participation and legitimization of Binance Coin. Investors and analysts alike will be watching closely as news unfolds from the SEC regarding this potentially transformative financial product.