TLDR
- CoinShares launched the BNB Staking ETP (CBNB) on the SIX Swiss Exchange.
- The product carries a 0.00% annual management fee.
- The ETP distributes a projected 0.25% annual staking yield to investors.
- The product is fully backed by on-chain BNB held in institutional custody.
- CoinShares previously charged 1.5% management fee on its earlier BNB ETP.
CoinShares launched a zero-fee BNB staking exchange-traded product on SIX Swiss Exchange today. The product holds BNB on chain and distributes staking rewards to investors. The listing expands CoinShares’ regulated crypto offerings beyond earlier Bitcoin and Ethereum products.
CoinShares Lists BNB Staking ETP on SIX Swiss Exchange
CoinShares listed the BNB Staking ETP under the ticker CBNB on SIX Swiss Exchange. The issuer backs the product fully with on-chain BNB held in institutional custody.
CoinShares confirmed that custodians store the underlying BNB while the ETP mirrors market price movements. CEO Jean Marie Mognetti said the launch reflects the maturation of digital asset markets.
He said investors seek regulated access to assets beyond Bitcoin and Ethereum. The firm, therefore, expanded exchange-traded products tied to alternative blockchain networks.
BNB Chain supports large decentralized finance activity across trading, lending, and payment applications. Network data shows that more than 302 million transactions occur daily across the ecosystem.
The network also reports over 171 billion dollars locked in decentralized finance protocols. CoinShares said this scale supports institutional interest in products linked to BNB.
Zero-Fee Structure and Staking Rewards
The BNB Staking ETP carries a zero percent annual management fee. CoinShares previously charged 1.5 percent on its earlier BNB exchange-traded product.
Instead of fees, the structure distributes projected staking rewards directly to investors. CoinShares estimates the BNB staking yield near 0.25 percent annually.
Proof-of-stake networks generate rewards when validators secure blockchain transactions. Many earlier crypto ETP issuers retained those rewards instead of distributing them.
CoinShares said the new structure returns those rewards rather than absorbing them internally. The company, therefore, presents the yield separately from management fees for investors globally.
CoinShares launched similar zero-fee staking ETPs in early 2026. The lineup includes products linked to Solana, Ethereum, and Toncoin.
The firm also introduced a Hyperliquid ETP under ticker LIQD in February. That product offers about 0.5 percent staking yield with the same fee structure.
CoinShares also launched a Sei ETP that targets about a 2% staking yield. All products maintain zero percent management fees across the staking suite.
The BNB Staking ETP still tracks BNB market price movements without built-in hedging. Validators on BNB Chain may face slashing penalties if they fail protocol requirements.
Staked tokens can also experience temporary network lockups during validator operations or maintenance periods across the staking infrastructure used widely.



