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

In October, BNB exchange-traded funds (ETFs) led inflows among U.S.-listed spot cryptocurrency ETFs tracked by SoSoValue, a fund-flow tracker. The VanEck BNB ETF attracted $99 million during the month, compared with $35 million for NEAR and $19 million for XRP. The largest BNB allocation arrived weeks before Binance suffered a record $6.3 billion cryptocurrency hack. ETFs are funds that trade on exchanges, and the figures cover allocations to BNB, NEAR and XRP products.