VanEck and Grayscale Submit BNB ETF Amendment on the Same Day

BlockBeats News, May 17th, VanEck submitted the fifth amendment to its BNB ETF registration statement to the U.S. Securities and Exchange Commission on Friday, May 15th, while Grayscale also submitted the second amended filing of its Grayscale BNB ETF prospectus on the same day. Bloomberg ETF analyst James Seyffart stated that the synchronized actions of both parties indicate that the two issuers are responding to the SEC's feedback and may plan to launch soon.

James Seyffart speculated that BNB may be the next crypto asset to pass SEC scrutiny and potentially be listed in the U.S. Meanwhile, Canary Capital separately submitted an amended proposal for its TRX staking ETF, which will package Tron's staking rewards into a regulated framework.