Binance launches 11-ETF wealth product for TradFi access

Binance has launched ETF Wealth Management on Sept. 15 with an initial lineup of 11 U.S.-listed funds focused mainly on Treasury securities and investment-grade bonds. Summary Binance launched ETF Wealth Management with 11 U.S.-listed ETFs focused on cash management investment strategies. Users hold actual ETF shares while Alpaca handles execution, clearing, settlement and custody through brokerage. Binance groups ETFs into three horizons covering under six months through more than one year. Nest Trading routes securities orders to Alpaca Securities while Binance says it does not custody. Binance says ETF Wealth Management is not savings and offers no fixed returns to investors. According to Binance’s Sept. 15 announcement, the service sits within its Earn section and gives eligible users a dedicated channel for traditional-finance products focused on cash management and income-oriented strategies. Orders are placed through Binance Stock Trading, while customers receive the economic benefits attached to the ETF shares they hold. The launch expands a stock-trading service Binance introduced in June, when it opened access to more than 7,000 U.S.-listed stocks and ETFs for eligible cu...