{
 "as_of": "2026-11-08",
 "cmr": "us-cm-kg/NASDAQ/VBNB",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# VanEck BNB ETF (NASDAQ: VBNB) — research page\n\nAs of 2026-11-08 · us-cm-kg · record version 1\n\n## Identity and listing\n\nVanEck BNB ETF is listed on NASDAQ under the ticker VBNB, with ISIN US92189M1018 and LEI 2549007N1ILCI4Q7LJ96. Its security type is fund or trust, its sector is 6221 Commodity Contracts Brokers & Dealers, and its jurisdiction is United States, Delaware. Its segment is not on the record. Its status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 17 filings across 13 filing days in the twelve months to 2026-11-08. The median gap between filing days is 7.5 days. The latest filing is dated 2026-10-01 and is a prospectus, 38 days before the record date. The median filing latency is 5.0 days on NASDAQ, against 5 days in the sector, and the median cadence gap is 6.0 days on NASDAQ, against 17.0 days in the sector.\n\n## Auditor\n\nThe auditor of record is not on the record, because the latest annual report cover carries no auditor name tag. The auditor's location is not on the record, and the record holds no auditor changes.\n\n## Events and halts\n\nThe record holds listing lines dated 2026-05-22 and 2026-05-27. It holds no delisting and no name change. The domicile change is not on the record, and the segment move is not on the record. The issuer is listed and not halted.\n\n## Orderability\n\nThe outcome is not determinable, because the chapter's orderability section carries no client categories, so the outcome cannot name its client category. The rule version is acm-68000/us/reasonable-basis-suitability-finra-rule-2111/r1, and the chapter is as of 2026-11-04.\n\n## Coverage\n\nNo research houses were found on the issuer's investor-relations page.\n\n## Open research\n\nNo openly published research notes were found.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe issuer's years sealed are 2025 and 2026. The market's earliest sealed date is 2021-01-04, and the live record began on 2026-09-12.\n\n## Sources\n\n8 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://www.sec.gov/files/company_tickers_exchange.json (identity.exchange)\n- https://www.sec.gov/data-research/sec-markets-data/fails-deliver-data (identity.isin)\n- https://data.sec.gov/submissions/CIK0002066824.json (identity.jurisdiction)\n- https://api.gleif.org/api/v1/lei-records/2549007N1ILCI4Q7LJ96 (identity.lei)\n- https://mcp.us-cm-kg.ai/events/NASDAQ/VBNB (the disclosure lines)\n- https://www.nasdaqtrader.com/rss.aspx?feed=tradehalts (the halt flag)\n- https://mcp.us-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://mcp.us-cm-kg.ai/record/NASDAQ/VBNB (the record)\n",
 "market": "US",
 "node": "us-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [
    "2025",
    "2026"
   ],
   "live_record_began": "2026-09-12",
   "node_history_from": "2021-01-04",
   "node_years_sealed": [
    "2021",
    "2022",
    "2023",
    "2024",
    "2025",
    "2026"
   ],
   "record_version": 1,
   "sealed": true
  },
  "auditor": {
   "auditor": {
    "market": "US",
    "reason": "no dei:AuditorName tag on the latest annual report cover (foreign private issuers and older filings carry none)",
    "state": "not_on_record"
   },
   "auditor_firm_id": {
    "market": "US",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "US",
    "state": "not_on_record"
   },
   "changes": []
  },
  "cmr": "us-cm-kg/NASDAQ/VBNB",
  "coverage": {
   "count": 0,
   "houses": [],
   "pages_checked": [],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-11",
   "since": null,
   "state": "none_found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 4359,
     "median_cadence_gap_days": 6,
     "median_filings": 52,
     "median_latency_days": 5,
     "name": "NASDAQ"
    },
    "sector": {
     "issuers": 137,
     "median_cadence_gap_days": 17,
     "median_filings": 16,
     "median_latency_days": 5,
     "name": "6221 Commodity Contracts Brokers & Dealers"
    }
   },
   "by_type": {
    "corporate_news": 2,
    "prospectus": 7,
    "regulatory_filing": 7,
    "results": 1
   },
   "cadence_median_gap_days": 7.5,
   "filing_days": 13,
   "filings": 17,
   "latency_days": 38,
   "latest": [
    {
     "category": "424B3",
     "date": "2026-10-01",
     "source": "https://www.sec.gov/Archives/edgar/data/2066824/000206682426000027/vaneckbnb424b3prospectus91.htm",
     "title": "424B3 — 424B3",
     "type": "prospectus"
    },
    {
     "category": "POS EX",
     "date": "2026-09-29",
     "source": "https://www.sec.gov/Archives/edgar/data/2066824/000206682426000022/vaneckbnbetfposex-bitgo2.htm",
     "title": "POS EX — POS EX",
     "type": "regulatory_filing"
    },
    {
     "category": "8-K",
     "date": "2026-09-29",
     "source": "https://www.sec.gov/Archives/edgar/data/2066824/000206682426000020/vbnb-20260925.htm",
     "title": "8-K — 8-K (items 1.01)",
     "type": "corporate_news"
    },
    {
     "category": "424I",
     "date": "2026-09-25",
     "source": "https://www.sec.gov/Archives/edgar/data/2066824/000093041326002990/c117789_424i.htm",
     "title": "424I",
     "type": "regulatory_filing"
    },
    {
     "category": "10-K",
     "date": "2026-09-17",
     "source": "https://www.sec.gov/Archives/edgar/data/2066824/000093041326002904/c117670_10k-ixbrl.htm",
     "title": "10-K",
     "type": "results"
    }
   ],
   "latest_filing_date": "2026-10-01",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.us-cm-kg.ai/events/NASDAQ/VBNB",
   "window": {
    "from": "2025-11-08",
    "to": "2026-11-08"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "EDGAR company_tickers_exchange.json (SEC list of exchange-listed filers)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://www.sec.gov/files/company_tickers_exchange.json",
    "state": "sourced",
    "value": "NASDAQ"
   },
   "isin": {
    "read_by": "SEC Fails-to-Deliver data (CUSIP for the symbol) · ISIN = US + CUSIP + ISO 6166 check digit",
    "read_date": "2026-10-14",
    "read_date_basis": "last_seen",
    "source": "https://www.sec.gov/data-research/sec-markets-data/fails-deliver-data",
    "state": "sourced",
    "value": "US92189M1018"
   },
   "jurisdiction": {
    "read_by": "EDGAR submissions API (issuer header as filed) (stateOfIncorporation)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://data.sec.gov/submissions/CIK0002066824.json",
    "state": "sourced",
    "value": "United States — Delaware"
   },
   "lei": {
    "read_by": "GLEIF name-exact (jurisdiction US-DE; GLEIF golden copy 2026-09-12)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://api.gleif.org/api/v1/lei-records/2549007N1ILCI4Q7LJ96",
    "state": "filled",
    "value": "2549007N1ILCI4Q7LJ96"
   },
   "name": {
    "read_by": "EDGAR submissions API (issuer header as filed)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://data.sec.gov/submissions/CIK0002066824.json",
    "state": "sourced",
    "value": "VanEck BNB ETF"
   },
   "sector": {
    "read_by": "EDGAR submissions API (issuer header as filed) (SIC code as assigned by the SEC)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://data.sec.gov/submissions/CIK0002066824.json",
    "state": "sourced",
    "value": "6221 Commodity Contracts Brokers & Dealers"
   },
   "security_type": {
    "read_by": "EDGAR submissions API (issuer header as filed)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://data.sec.gov/submissions/CIK0002066824.json",
    "state": "sourced",
    "value": "Fund / trust (by SIC or name)"
   },
   "segment": {
    "market": "US",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "EDGAR company_tickers_exchange.json (SEC list of exchange-listed filers)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://www.sec.gov/files/company_tickers_exchange.json",
    "state": "sourced",
    "value": "VBNB"
   },
   "website": {
    "market": "US",
    "state": "not_on_record"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": [],
   "domicile_change": {
    "market": "US",
    "reason": "EDGAR states no dated change of state of incorporation on a filing line",
    "state": "not_on_record"
   },
   "listing": [
    {
     "date": "2026-05-22",
     "source": "https://www.sec.gov/Archives/edgar/data/2066824/000162828026037675/vaneckbnbetf-8xa12b.htm",
     "title": "8-A12B — 8-A12B"
    },
    {
     "date": "2026-05-27",
     "source": "https://www.sec.gov/Archives/edgar/data/2066824/000135445726000502/VBNB_8A_Cert_2066824.pdf",
     "title": "CERT"
    }
   ],
   "name_change": [],
   "segment_move": {
    "market": "US",
    "reason": "the exchanges' tier transfers are not EDGAR filings",
    "state": "not_on_record"
   }
  },
  "market": "US",
  "node": "us-cm-kg",
  "numbers_hash": "sha256:893f741fef6b5a93f1c8eb63f88e040bb4ecfce87265a6655dc729b18a62f3fd",
  "open_research": {
   "read_date": "2026-11-11",
   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [],
   "determinable": false,
   "read": {
    "chapter": "https://mcp.us-cm-kg.ai/book/aio.json",
    "door": "https://mcp.us-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "reason": "the chapter's orderability section carries no client_categories: the outcome cannot name its client category",
   "rule_version": "acm-68000/us/reasonable-basis-suitability-finra-rule-2111/r1",
   "section": "us.aio.v8"
  },
  "record": {
   "as_of": "2026-11-08",
   "url": "https://mcp.us-cm-kg.ai/record/NASDAQ/VBNB",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-08",
   "source": "https://www.nasdaqtrader.com/rss.aspx?feed=tradehalts",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:893f741fef6b5a93f1c8eb63f88e040bb4ecfce87265a6655dc729b18a62f3fd",
 "path": "/us/NASDAQ/VBNB",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "VanEck BNB ETF is listed on NASDAQ under the ticker VBNB, with ISIN US92189M1018 and LEI 2549007N1ILCI4Q7LJ96. Its security type is fund or trust, its sector is 6221 Commodity Contracts Brokers & Dealers, and its jurisdiction is United States, Delaware. Its segment is not on the record. Its status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 17 filings across 13 filing days in the twelve months to 2026-11-08. The median gap between filing days is 7.5 days. The latest filing is dated 2026-10-01 and is a prospectus, 38 days before the record date. The median filing latency is 5.0 days on NASDAQ, against 5 days in the sector, and the median cadence gap is 6.0 days on NASDAQ, against 17.0 days in the sector.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is not on the record, because the latest annual report cover carries no auditor name tag. The auditor's location is not on the record, and the record holds no auditor changes.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "The record holds listing lines dated 2026-05-22 and 2026-05-27. It holds no delisting and no name change. The domicile change is not on the record, and the segment move is not on the record. The issuer is listed and not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "The outcome is not determinable, because the chapter's orderability section carries no client categories, so the outcome cannot name its client category. The rule version is acm-68000/us/reasonable-basis-suitability-finra-rule-2111/r1, and the chapter is as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "No research houses were found on the issuer's investor-relations page.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The issuer's years sealed are 2025 and 2026. The market's earliest sealed date is 2021-01-04, and the live record began on 2026-09-12.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "8 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://www.sec.gov/files/company_tickers_exchange.json"
  },
  {
   "for": "identity.isin",
   "source": "https://www.sec.gov/data-research/sec-markets-data/fails-deliver-data"
  },
  {
   "for": "identity.jurisdiction",
   "source": "https://data.sec.gov/submissions/CIK0002066824.json"
  },
  {
   "for": "identity.lei",
   "source": "https://api.gleif.org/api/v1/lei-records/2549007N1ILCI4Q7LJ96"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.us-cm-kg.ai/events/NASDAQ/VBNB"
  },
  {
   "for": "the halt flag",
   "source": "https://www.nasdaqtrader.com/rss.aspx?feed=tradehalts"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.us-cm-kg.ai/book/aio.json"
  },
  {
   "for": "the record",
   "source": "https://mcp.us-cm-kg.ai/record/NASDAQ/VBNB"
  }
 ],
 "title": "VanEck BNB ETF (VBNB) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}