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Opinion: VanEck may have submitted the BNB ETF application after noticing CZ establishing relationships with certain countries.

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Odaily
317Words
May 5, 2025

Odaily Planet Daily News: Eric Balchunas, a senior ETF analyst at Bloomberg, posted on the X platform that many people criticized VanEck's $BNB ETF application yesterday. However, if you are aware of some statements made by CZ last week, you would know that he is advising multiple governments on establishing cryptocurrency reserves and has also recommended including $BNB in these reserves. This might be the reason Jan VanEck noticed this and took action. To reiterate, this is just a hypothetical idea, but the logic is very clear.

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