BNB’s $99 million ETF inflows came almost entirely before Binance’s hack

BNB exchange-traded funds (ETFs) led October inflows among US-listed spot crypto ETFs tracked by SoSoValue, with the largest allocation arriving weeks before Binance suffered a record $6.3 billion cryptocurrency hack.The US-listed VanEck BNB ETF attracted $99 million during the month, ahead of $35 million for NEAR and $19 million for XRP, according to SoSoValue data.The gains contrasted with broader withdrawals that saw investors pull $1.61 billion from Ethereum funds, $515 million from Bitcoin products and $144 million from Solana ETFs.BNB inflows arrived before Binance's breachVanEck's BNB ETF, trading under the ticker VBNB, accounted for the category's October inflows. SoSoValue's daily flow table records about $97 million on Oct. 2, or 98.8% of the monthly net total, weeks before the attack.The same table shows fund assets of about $3 million on Oct. 1, $100 million on Oct. 2 and $103 million on Oct. 5. Subsequent flows were comparatively small: about $1 million entered on Oct. 9 and $285,000 left on Oct. 15. BNB's strong monthly ranking came from that early allocation.VanEck introduced VBNB on May 28 to give US investors exposure to BNB through an exchange-traded product. The ...