VBNB provides exposure to BNB, the native asset of one of the world’s largest blockchain ecosystems as measured by users and on-chain activity.

An investment in the VanEck BNB ETF ("VBNB," or the "Trust") or the VanEck Bitcoin ETF ("HODL”) (together, the "Trusts") is subject to significant risk and may not be suitable for all investors. The value of BNB and Bitcoin is highly volatile, and you can lose your entire principal investment. Neither VBNB nor HODL is an investment company registered under the Investment Company Act of 1940 (the "1940 Act") and therefore neither is subject to the same protections as mutual funds or ETFs registered under the 1940 Act. Past performance is no guarantee of future results.

VBNB: Prospectus , HODL: Prospectus

NEW YORK--(BUSINESS WIRE)--May 28, 2026-- VanEck is today launching the VanEck BNB ETF (VBNB), the first exchange-traded product in the U.S. designed to provide spot exposure to the price movements of BNB, the native asset of one of the world’s largest blockchain ecosystems based on users and on-chain activity. Shares of VBNB are physically backed by BNB held in cold storage¹ with a qualified custodian.

BNB is one of the top 5 cryptocurrencies in the world by market cap and top 3 based on daily active users, yet up to now it has been inaccessible to U.S. investors seeking spot exposure in an ETP wrapper.²

BNB Chain is also among the largest stablecoin ecosystems in crypto, with a strong base of assets held on-chain and transactional activity across the network. This helps drive recurring on-chain demand for BNB, which is used to pay gas across the network. BNB is also unique in its deflationary supply mechanics, with layered burn mechanisms designed to reduce supply systematically toward a target of 100 million tokens.

"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, processing over 14 million transactions per day and supporting more than 2.5 million daily active users. It also boasts a strong userbase with ample resources including more than $16B in stablecoin supply and $3.6B in RWAs.³”

VBNB is the latest addition to VanEck’s lineup of exchange-traded products providing spot crypto exposure, which includes the VanEck Bitcoin ETF (HODL), still the lowest-cost spot Bitcoin ETP⁴ on the market due to a fee waiver in place until July 31, 2026 or the first $2.5B in assets (thereafter, the sponsor fee will be 0.20%. Brokerage fees and commissions may apply. Please check with your broker). In addition to the spot crypto products, VanEck offers the VanEck Digital Transformation ETF (DAPP), an index-tracking fund designed to provide exposure to companies participating in digital assets economies, and the VanEck Onchain Economy ETF (NODE), an actively managed ETF designed to provide exposure to companies that are meaningfully tied to the onchain economy, including blockchain infrastructure, digital asset services, and digital asset exposure.

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

The firm is a prolific resource for education and insights in the world of digital assets, and frequently publishes research updates, observations and analysis here.

To learn more about VanEck visit: vaneck.com

¹ Cold storage refers to a secure method of storing BNB offline to protect against unauthorized access and cyber threats.

² Source: Artemis, as of 5/26/2026.

³ Source: Artemis XYA, RWA XYZ, as of 5/26/2026.

⁴ Based on total fund operating expenses vs. bitcoin ETP competitors as of 5/26/2026.

About VanEck

VanEck has a history of looking beyond the financial markets to identify trends that are likely to create impactful investment opportunities. We were one of the first U.S. asset managers to offer investors access to international markets. This set the tone for the firm’s drive to identify asset classes and trends – including gold investing in 1968, emerging markets in 1993, and exchange traded funds in 2006 – that subsequently shaped the investment management industry.

Today, VanEck offers active and passive strategies with compelling exposures supported by well-designed investment processes. As of April 30, 2026, VanEck managed approximately $224.8 billion in assets including mutual funds, ETFs and institutional accounts. The firm’s capabilities range from core investment opportunities to more specialized exposures to enhance portfolio diversification. Our actively managed strategies are fueled by in-depth, bottom-up research and security selection from portfolio managers with direct experience in the sectors and regions in which they invest. Investability, liquidity, diversity, and transparency are key to the experienced decision-making around market and index selection underlying VanEck’s passive strategies.

Since our founding in 1955, putting our clients’ interests first, in all market environments, has been at the heart of the firm’s mission.

General Disclosures

This is not an offer to buy or sell, or a recommendation to buy or sell any of the securities, financial instruments or digital assets mentioned herein. The information presented does not involve the rendering of personalized investment, financial, legal, tax advice, or any call to action. Certain statements contained herein may constitute projections, forecasts and other forward-looking statements, which do not reflect actual results, are for illustrative purposes only, are valid as of the date of this communication, and are subject to change without notice. Actual future performance of any assets or industries mentioned are unknown. Information provided by third party sources are believed to be reliable and have not been independently verified for accuracy or completeness and cannot be guaranteed. VanEck does not guarantee the accuracy of third party data. The information herein represents the opinion of the author(s), but not necessarily those of VanEck or its other employees.

VanEck BNB ETF (“VBNB,” or the “Trust”) Disclosures

This material must be preceded or accompanied by a prospectus . An investment in the VanEck BNB ETF may not be suitable for all investors. Before investing, you should carefully consider the Trust's investment objectives, risks, charges, and expenses.

Investing involves significant risk, and you could lose money on an investment in the Trust. The value of BNB (BNB) is highly volatile, and the value of the Trust's shares could decline rapidly, including to zero. You could lose your entire principal investment. For a more complete discussion of the risk factors relative to the Trust, carefully read the prospectus.

The Trust's investment objective is to reflect the performance of the price of BNB ("BNB") and, to the extent the Sponsor in its sole discretion (i) implements staking and (ii) determines that the Trust may do so without undue legal or regulatory risk, rewards from staking a portion of the Trust's BNB, less the expenses of the Trust's operations. At launch, the Trust will not engage in staking activities and there can be no assurance that the Trust will ever do so. The Trust is a passive investment vehicle that does not seek to pursue any investment strategy beyond reflecting the performance of the price of BNB and any rewards from staking a portion of the Trust's BNB (to the extent staking is implemented).

The Trust is not an investment company registered under the Investment Company Act of 1940 ("1940 Act") or a commodity pool for the purposes of the Commodity Exchange Act ("CEA"). Shares of the Trust are not subject to the same regulatory requirements as mutual funds. As a result, shareholders of VBNB do not have the protections associated with ownership of shares in an investment company registered under the 1940 Act or the protections afforded by the CEA.

An investment in the Trust is subject to risks which include, but are not limited to, the historically and potentially future extreme volatility of BNB, various potential factors that may adversely affect the liquidity of Trust shares, the limited history of the Index from which the value of BNB and hence the value of Trust shares will be determined, potential threats to the Trust's BNB custodian, and the unregulated nature and lack of transparency surrounding the operations of BNB trading platforms, all of which may ultimately adversely affect the value of shares of the Trust. The value of BNB is closely tied to the Binance ecosystem, and adverse developments affecting Binance or its principals—including regulatory, legal, or reputational events—could materially affect the value of the Shares. The Trust's BNB custody account is not subject to FDIC or SIPC protections, and the Trust's treatment as a grantor trust for U.S. federal income tax purposes is uncertain.

Staking Risks: As part of its strategy, the Trust may in the future, at the Sponsor's sole discretion, stake a portion of its BNB via third-party staking service providers, which entails a number of risks. The Trust will not stake any BNB at launch and may never do so; as a result, investors will forgo potential staking rewards available to direct BNB holders, the Shares' performance may diverge from the total return of directly staked BNB, and the Trust will not be able to participate in on-chain governance of the BNB Smart Chain. To the extent staking is implemented, BNB that is staked will undergo activation and de‐activation (or withdrawal) periods during which it is locked up and inaccessible, meaning the Trust may not be able to quickly liquidate these assets to satisfy redemption requests—particularly in volatile or stressed market conditions. Validators to which BNB is delegated may behave improperly or suffer performance failures (e.g., downtime or misconfiguration), and in some cases "slashing" or protocol‐imposed penalties may apply; under the BNB Smart Chain's current protocol, slashing applies primarily to a validator's self-delegated stake and rewards, not to third-party delegated principal, though delegators may lose staking rewards during any penalty or removal period. There is counterparty and operational risk associated with the staking service providers (and the custodians facilitating staking), including reliance on their security, compliance, and ability to operate under adverse conditions. Additionally, staking rewards are subject to fees and possible withholding obligations, and the timing, amount, and recognition (for tax purposes) of staking rewards may be uncertain. Finally, regulatory or legal changes—such as U.S. federal income tax law or securities regulations—could affect whether staking activities or liquid staking tokens may be used, or whether they jeopardize the Trust's qualification (e.g. as a grantor trust) or impose unanticipated costs. If staking is implemented, Shareholders will be notified via a prospectus supplement and/or a current report filed with the SEC.

Please note that this is not an exhaustive list of risks pertaining to the Trust. Please read carefully the prospectus for a complete list of potential risks.

Because shares of the Trust are intended to reflect the price of the BNB held in the Trust, the market price of the shares is subject to fluctuations similar to those affecting BNB prices. Additionally, shares of the Trust are bought and sold at market price, not at net asset value ("NAV"). Brokerage commissions will reduce returns.

Trust shares trade like stocks, are subject to investment risk, and will fluctuate in market value. The value of Trust shares relates directly to the value of the BNB held by the Trust (less its expenses), and fluctuations in the price of BNB could materially and adversely affect an investment in the shares. The price received upon the sale of the shares, which trade at market price, may be more or less than the value of the BNB represented by them. The Trust does not generate any income, and as the Trust regularly issues shares to pay for the Sponsor's ongoing expenses, the amount of BNB represented by each Share will decline over time.

This content is published in the United States for residents of specified countries. Investors are subject to securities and tax regulations within their applicable jurisdictions that are not addressed in this content. Nothing in this content should be considered a solicitation to buy or an offer to sell shares of any investment in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction, nor is it intended as investment, tax, financial, or legal advice. Investors should seek such professional advice for their particular situation and jurisdiction.

The Sponsor of the Trust is VanEck Digital Assets, LLC. The Marketing Agent for the Trust is Van Eck Securities Corporation. VanEck Digital Assets, LLC, and Van Eck Securities Corporation are wholly-owned subsidiaries of Van Eck Associates Corporation.

© Van Eck Associates Corporation, 666 Third Avenue, New York, NY 10017 Phone: 800.826.2333 Email: info@vaneck.com

General VanEck ETF and Mutual Fund Disclosures

The principal risks of investing in VanEck ETFs and mutual funds include, but are not limited to, sector, market, economic, political, foreign currency, world event, index tracking, active management, social media analytics, derivatives, blockchain, commodities and non-diversification risks, as well as fluctuations in net asset value and the risks associated with investing in less developed capital markets. VanEck ETFs may also be subject to authorized participant concentration, no guarantee of active trading market, trading issues, passive management, fund shares trading, premium/discount risk and liquidity of fund shares risks. VanEck ETFs or mutual funds may loan their securities, which may subject them to additional credit and counterparty risk. ETFs or mutual funds that invest in high-yield securities are subject to subject to risks associated with investing in high-yield securities; which include a greater risk of loss of income and principal than funds holding higher-rated securities; concentration risk; credit risk; hedging risk; interest rate risk; and short sale risk. ETFs or mutual funds that invest in companies with small capitalizations are subject to elevated risks, which include, among others, greater volatility, lower trading volume and less liquidity than larger companies. Please see the prospectus of each Fund for more complete information regarding each Fund’s specific risks.

Investing involves substantial risk and high volatility, including possible loss of principal. An investor should consider the investment objective, risks, charges and expenses of a Fund carefully before investing. To obtain a prospectus and summary prospectus, which contain this and other information, call 800.826.2333 or visit vaneck.com. Please read the prospectus and summary prospectus carefully before investing.

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Phone: 800.826.2333
Email: info@vaneck.com

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Source: VanEck