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VanEck and Grayscale submit BNB ETF amendments on the same day
On May 17, VanEck submitted its fifth amendment to the registration statement for its BNB ETF to the U.S. Securities and Exchange Commission (SEC) on Friday (May 15), while Grayscale also submitted its second amendment to the Grayscale BNB ETF prospectus on the same day.
Bloomberg ETF analyst James Seyffart said that the synchronized actions of both parties indicate that both issuers are responding to feedback from the U.S. SEC and may plan to launch soon. James Seyffart speculated that BNB could be the next cryptocurrency asset to pass SEC review and potentially be listed in the United States.
Meanwhile, Canary Capital separately submitted an amendment to its proposed staked TRX ETF, which would bundle Tron staking yields into a regulated framework. $BNB
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