VanEck Bets BNB’s Real-World Usage Can Help Its ETF Stand Out

TL;DRVanEck is positioning its VBNB spot BNB ETF around BNB Chain usage and revenue metrics.The ETF reportedly has around $2 million in AUM and a 0.39% sponsor fee.BNB Chain metrics cited include 33 million monthly active users, 2.1 million daily active users and about $160 million in annual revenue.VanEck Positions BNB As A Usage-Driven ETF StoryVanEck is leaning on BNB Chain’s real-world activity as the central argument for its spot BNB ETF, ticker VBNB, rather than selling the product p