STOCK TITAN

VanEck BNB ETF names Figment as staking validator

The amended schedule names Figment for the Trust’s BNB staking activities and sets a 4% staking assets validator fee.

(Moderate)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
8-K

Rhea-AI Filing Summary

VanEck BNB ETF, through its sponsor VanEck Digital Assets, LLC, amended its Second Custody Agreement with BitGo Bank & Trust, National Association on September 25, 2026. The amendment restates Schedule A to identify Figment as validator for the Trust’s BNB staking activities and provides for a 4% staking assets validator fee. BitGo serves as the Trust’s second BNB custodian, and the agreement’s other provisions remain effective and unchanged.

Item 1.01 Entry into a Material Definitive Agreement Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Validator fee 4% staking assets validator fee For the Trust’s BNB staking activities
Second BNB Custodian technical
"BitGo serves as a second BNB custodian for the Trust"
Custodial Services Agreement financial
"amendment to the Custodial Services Agreement"
validator technical
"identify Figment as the validator"
A validator is a person or system that checks and confirms the accuracy and legitimacy of information, transactions, or data before they are accepted and recorded. In the context of digital assets or currencies, validators ensure that transactions follow the rules and are genuine, helping maintain trust and security in the system. For investors, validators are important because they help prevent errors or fraud, ensuring the integrity of the financial network.
staking activities technical
"the Trust’s BNB staking activities"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What changed in VBNB’s custody agreement?

The amendment identifies Figment as validator for the Trust’s BNB staking activities and provides for a 4% staking assets validator fee. BitGo Bank & Trust, National Association serves as the second BNB custodian, and the agreement’s other provisions remain effective and unchanged.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
0002066824FALSE00020668242026-09-252026-09-25

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): September 25, 2026
VANECK BNB ETF
(Exact name of registrant as specified in its charter)
Delaware001-4331333-6988309
(State or other jurisdiction
of incorporation)
(Commission File Number)
(I.R.S. Employer
Identification No.)
666 Third Avenue
9th Floor
New York
New York10017
(Address of principal executive offices)(Zip Code)
Registrant's telephone number, including area code: (212) 293-2000
Not Applicable
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)
Name of each exchange on which
registered
SharesVBNBThe Nasdaq Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☒



Item 1.01 Entry into a Material Definitive Agreement
On September 25, 2026, VanEck Digital Assets, LLC (the “Sponsor”), on behalf of VanEck BNB ETF (the “Trust”), and BitGo Bank & Trust, National Association (“BitGo”) entered into an amendment (the “Amendment”) to the Custodial Services Agreement, dated August 5, 2026 (the “Second Custody Agreement”), pursuant to which BitGo serves as a second BNB custodian for the Trust (the “Second BNB Custodian”).

Pursuant to the Amendment, Schedule A to the Second Custody Agreement was amended and restated to identify Figment as the validator with respect to the Trust’s BNB staking activities and to provide for a 4% staking assets validator fee. Except as provided in the Amendment, the remaining provisions of the Second Custody Agreement remain effective and unchanged.

The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Amendment, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.

(d) Exhibits.
Exhibit
No.
Description
10.1
Amendment to the BitGo Custodial Services Agreement
104Cover Page Interactive Data File (embedded within the Inline XBRL document)




SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: September 29, 2026
VanEck BNB ETF * 
By:VanEck Digital Assets, LLC, as Sponsor of the Trust
By:/s/ Matthew A. Babinsky
Name:Matthew A. Babinsky
Title:Vice President
*The registrant is a trust. The individual specified above is signing in his capacity as an officer of VanEck Digital Assets, LLC, the Sponsor of the registrant.

Filing Exhibits & Attachments

4 documents

Keep reading