Binance has launched a wealth management service supporting 11 U.S.-listed ETFs that invest in U.S. short-term Treasury securities, investment-grade bonds and other assets.
Binance announced on the 15th that it had added “ETF Wealth Management” to Binance Earn. Users can check the supported ETFs and place orders directly through the TradFi menu in Earn, with orders executed in the market through Binance’s stock trading service.
The initial offering consists of 11 U.S.-listed ETFs. Binance has divided the products into three categories based on the investment period: cash management for periods of less than six months, stable returns for six to 12 months, and enhanced returns for one year or longer.
Users hold actual ETF shares and have economic rights, including exposure to price movements and cash distributions. Order execution and settlement, as well as asset custody, are handled by licensed third-party brokers. Binance stated that the service is not a savings product or a fixed-income product.