VanEck has formally added staking to its spot BNB exchange-traded fund (ETF), amending the product's investment objective to include staking as a secondary goal, according to a recent filing with the U.S. Securities and Exchange Commission (SEC filing). The change gives the fund a new capability several months after it began trading. Staking — committing tokens to help operate a blockchain network — has been a closely watched feature in U.S. crypto fund design, and the treatment of staking rewards has been a recurring regulatory question for issuers.

The amendment follows VanEck Digital Assets' second custody agreement with BitGo Bank & Trust, with Figment named as the validator for the staking activity. Under the updated structure, the ETF plans to stake most of its BNB holdings while keeping a reserve aside to meet redemptions.

The design takes BNB Smart Chain mechanics into account. The network currently applies a seven-day unbonding period when a committed position exits staking, and during that window the tokens cannot move and do not earn staking rewards. That timeline is what makes the reserve operational rather than incidental: redemptions are covered from unstaked BNB, since tokens already committed to the staking program would still be locked inside the seven-day exit window.

First U.S. Spot BNB Fund Restores Staking

The VanEck BNB ETF launched on Nasdaq in May 2026 as the first U.S. spot fund tracking BNB, the native asset of the BNB Smart Chain. The fund holds BNB through Anchorage Digital Bank and BitGo and carries a 0.39% sponsor fee. Investors can create or redeem shares through cash or in-kind transactions using baskets of 10,000 shares.

VanEck had removed staking from the ETF proposal before the fund launched, following regulatory questions around the treatment of staking rewards. The latest update adds the validator and custody arrangements needed for the ETF to operate its staking program through BitGo, restoring a feature that had been left out of the original structure. The proposal-then-reversal sequence underscores how spot crypto fund issuers have had to adapt product features as regulatory interpretations of staking rewards have shifted.

BNB Holds Above $775 With $838 Resistance in View

BNB has gained more than 15% over the past month and remains above the $775 area, changing hands near $781.73 on the weekly chart. The recent advance has carried the token toward the upper boundary of a rising structure, and traders are watching whether it can hold the move and extend toward higher resistance levels.

The chart places the next notable resistance around $838.41. A move above that level would bring the $937.41 area into focus, with higher levels appearing near $1,135.40 and $1,297.67. These zones represent the main resistance levels marked on the weekly setup.

On the downside, the chart shows support around $715.76, with additional levels near $600, $544.34 and $474.24. Those areas could become relevant if BNB loses its current support and moves lower.

The recent price move has also come with increased futures activity. CoinGlass data showed BNB futures open interest rose by more than 0.52% over one hour and by almost 0.35% over four hours, while the 24-hour figure increased by more than 1.20%. Open interest measures the total value of open derivative contracts, and shifts in the metric are often used to gauge whether a price move is being accompanied by fresh derivative positioning.

ETF Assets Remain Small

The VanEck BNB ETF currently holds about $1.20 million in net assets, while its total assets under management stand near $2.70 million, based on the figures cited in the report. Those totals remain modest for a spot crypto ETF. The addition of staking changes how the fund can use its BNB holdings: as a secondary objective, staking supplements the fund's core goal of trackingNB's price while giving the portfolio a way to earn on holdings that would otherwise sit idle. Future asset growth will depend on investor demand and ETF flows, and with staking now written into the mandate, the fund's net-asset and flow figures are the practical checkpoints for whether the amendment changes its trajectory.

BNB's performance since the fund's launch has also moved higher, with the token up more than 42% from its May level based on the figures provided. The latest advance has placed the price above $775 and closer to the first resistance zone at $838.

For the weekly setup, the $715.76 area remains the main nearby support shown on the chart. Holding above that level would keep the current structure intact, while a break below it would expose lower support around $600.

This article is for informational purposes only and does not constitute financial or investment advice. ETF structures, market data and technical levels do not guarantee future asset performance.

Source: The Market Periodical. Primary references: VanEck BNB ETF filing on SEC EDGAR; post on X.