According to Eric Balchunas, VanEck has officially filed for a spot BNB ETF, marking a significant development in crypto ETF offerings. This move could drive increased institutional interest and liquidity for Binance Coin (BNB) if approved, similar to the positive market reactions seen with previous Bitcoin and Ethereum spot ETF filings. Traders should monitor BNB price action for potential volatility and increased trading volumes as regulatory updates unfold. Source: Eric Balchunas on Twitter, May 5, 2025.