American investment manager VanEck has rolled out the VanEck BNB ETF (VBNB), giving US investors exposure to BNB, the native token powering one of the world’s largest blockchain ecosystems based on users and on-chain activity, according to a Thursday press release.

The launch brings a major crypto asset to the US ETP market for the first time. BNB currently ranks as the fourth largest crypto asset by market size and daily active users, while the BNB Chain stands out for its large stablecoin ecosystem, strong transactional activity, and built-in deflationary token mechanics that gradually reduce supply over time.

According to VanEck, the network processes more than 14 million transactions per day and serves over 2.5 million daily active users. The ecosystem also includes billions of dollars in stablecoin supply and tokenized real-world assets, helping sustain ongoing demand for BNB as the network’s gas token.

“BNB has been one of the most resilient major cryptocurrencies through the recent market cycle, roughly flat over the past year while most Layer 1 peers experienced significant drawdowns,” said Patrick Bush, Senior Investment Analyst with VanEck. “This is partly due to the fact that BNB is one of the most actively used blockchains in the world.”

VBNB joins VanEck’s growing suite of crypto-focused investment products, including the VanEck Bitcoin ETF (HODL), the VanEck Digital Transformation ETF (DAPP), and the VanEck Onchain Economy ETF (NODE).

“Until today, BNB stood out among major crypto assets as one of the few not yet available in a US spot ETP,” said Kyle DaCruz, VanEck’s Director of Digital Assets Product. “We’re thrilled to be changing that with the launch of VBNB, giving US investors exchange-traded access to one of the most economically significant networks in digital assets.”