BNB ETF Details: Fees, Cold Storage, and Staking Status

VanEck is launching a BNB exchange-traded fund (ETF) that utilizes Anchorage Digital Bank for the cold storage of its assets, according to reporting from TradingView on June 13, 2026. The fund carries a 0.39% sponsor fee and will not enable staking features at the time of launch.

How does the VanEck BNB ETF manage assets?

VanEck has partnered with Anchorage Digital Bank to handle the custody of the fund’s BNB holdings. The assets are held in cold storage, a method that keeps the private keys offline to reduce the risk of cyberattacks and unauthorized access.

Anchorage Digital Bank operates as a federally chartered bank, providing a regulated framework for the storage of digital assets. This institutional custody structure is designed to meet the regulatory requirements for an ETF listed on a public exchange.

What are the costs and limitations of the fund?

The fund’s sponsor fee is 0.39%. This fee is the annual percentage charged to investors to cover the management and operational costs of the ETF.

Regarding utility, VanEck confirmed that staking is not enabled for the ETF at launch. Staking typically allows holders of certain cryptocurrencies to earn rewards by participating in the network’s validation process, but this functionality will not be available to investors through this specific vehicle initially.

Why is VanEck targeting BNB for an ETF?

VanEck is positioning the fund based on the real-world utility of the BNB token. According to TradingView, the investment firm believes that BNB’s integration into active ecosystems and its practical usage cases will help the ETF stand out from other cryptocurrency-based investment products.

BNB serves as the native token for the BNB Chain, where it is used to pay for transaction fees and participate in ecosystem governance. VanEck’s strategy focuses on this utility as a primary differentiator for investors seeking exposure to digital assets with established functional applications.

The move follows a broader trend of asset managers expanding beyond Bitcoin and Ethereum ETFs to include other high-market-cap digital assets. By utilizing a chartered custodian like Anchorage Digital, VanEck aims to provide a regulated entry point for institutional and retail investors to hold BNB without managing their own private keys.