The article reports the net asset value (NAV) for the First Trust NASDAQ Clean Edge Green Energy UCITS ETF as of August 26, 2025. The NAV is $6,827,281.73, with a NAV per share of $14.373. The ETF has 475,002 shares in issue and is listed in USD.
Institutional interest in Binance Coin (BNB) has been on the rise, with several significant filings and announcements contributing to a price rebound. On August 26, 2025, BNB experienced a 4% price increase, jumping from $833 to $857. This surge can be attributed to two major developments: the filing of a proposed spot BNB ETF with staking components and the announcement of a $1 billion Nasdaq-listed BNB treasury company.
The first notable development is the filing of an N-1A registration statement by REX Shares, in partnership with Osprey Funds, with the U.S. Securities and Exchange Commission (SEC). This registration seeks to launch the first spot Binance Coin exchange-traded fund (ETF) in the United States, which would include a staking component. The proposed fund would list on the Cboe BZX Exchange if approved by the SEC [1].
Simultaneously, investment firm B Strategy, backed by YZi Labs, announced plans for a $1 billion Nasdaq-listed BNB treasury company. This company is designed to act as a Berkshire-style vehicle for the ecosystem, signaling growing institutional demand for BNB [1].
These filings and announcements have had a significant impact on BNB's market performance. According to Artemis Analytics, BNB led all other chains by net flows of more than $15 million on the day. Open Interest (OI) rebounded above $1.50 billion, and trading volume reached $1.25 billion. The aggregated bid-ask delta flipped positive, with buy orders topping 300K per hour [1].
The price increase, while notable, is only a precursor to potentially larger movements expected in September. Buying momentum is indicated by the MACD turning green after a crossover, with the next target for BNB set at $900. However, the lower high resistance at $870 needs to be conceded for a full rally to occur [1].
While the broader market sentiment will determine the extent of BNB's recovery, the institutional activity surrounding the proposed ETF and treasury company suggests a strong bullish sentiment for the coin.
References:
[1] https://ambcrypto.com/first-spot-bnb-etf-with-staking-hype-rises-amid-new-filing-price-eyes-900/
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