VanEck BNB ETF reports $97M inflow as trackers show quieter picture
BNB (BNB)
Editor:
Eugene Serbin
Cryptobriefing.com reports that VanEck’s spot BNB ETF, trading under the ticker VBNB, recorded a $97 million inflow on Friday. This marks the fund’s first major flow since its US debut on May 28, 2026, when it became the first spot exchange-traded fund offering direct exposure to BNB. The fund holds actual tokens rather than futures contracts, with Anchorage Digital Bank initially serving as custodian.
By early October 2026, the fund held between $2.3 million and $2.7 million in assets under management. A single-day inflow of $97 million would significantly exceed that entire asset base. Daily volume had previously been recorded at approximately $13.8k. Glassnode reported zero net flows for VBNB as of October 2, 2026, and major sources have not independently verified the reported inflow.
VanEck amended its custody arrangements to add BitGo as a second custodian alongside Anchorage. The amendment also named Figment as a staking validator, introducing a 4% fee on staked holdings. Staking was updated as a secondary goal to tracking the spot price of BNB. VanEck highlighted that the network has around 33 million monthly active users and generates approximately $160 million in annual revenue.
How the market reacted
Whalio's own Binance spot order flow for BNB, measured when this story was written up on 5 October 2026. Not the outlet's figures.
Whalio’s Binance spot data for BNB shows a price of $795.43 with a 24-hour buy ratio of 53.0%, indicating balanced to slightly bullish sentiment over the full day. However, shorter timeframes reveal weakening momentum, with the 1-hour buy ratio at 44.4% and the 4-hour ratio at 42.4%. The 24-hour volume delta is positive at +$3,653,183, but the 1-hour delta is negative at -$378,453, suggesting immediate selling pressure after earlier buying. The 4-hour volume delta is also negative at -$2,560,859, showing that recent buying has been outpaced by selling. Cumulative Volume Delta (CVD) for the 24-hour close is -$4,894,214, indicating that aggressive market buying has been netted out by market selling over the period. Spot volume for the day reached $60,598,913 across 310,938 trades.
The latest daily buy ratio of 46.4% sits at the 18th percentile of the last 322 days, against a median of 49.2% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for BNB, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 51.0%, making the current 24-hour ratio of 53.0% slightly higher by 2.0 points. Weekly volume was 0.70x the average, indicating that trading activity was subdued compared to typical days. The coin saw a price change of +2.1% over eight days, with a total volume delta of +$13,419,984 for the period. Net buying occurred on 4 of the 7 days, suggesting intermittent rather than consistent demand. This day appears ordinary in terms of buy ratio but unusual due to the significantly lower volume relative to the weekly average.