Overview
- CBNB is listed on the SIX Swiss Exchange and is 100% backed by on-chain BNB held in institutional-grade custody.
- The ETP carries a 0.00% management fee and distributes staking rewards directly to investors rather than retaining them.
- The product projects a 0.25% annual staking yield, which remains variable based on network participation and operations.
- CoinShares frames the launch as part of its 2026 expansion of zero-fee staking ETPs, increasing pricing pressure on European competitors.
- CoinShares reports more than $6 billion in assets under management and an announced merger with Vine Hill, underscoring its capacity to scale regulated staking products.