VanEck submitted a BNB ETF amendment on the same day as Grayscale

According to The Block, VanEck submitted its fifth amendment to the registration statement for its BNB ETF to the U.S. Securities and Exchange Commission 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 stated that the simultaneous actions by both parties indicate that the issuers are responding to feedback from the U.S. SEC and may be planning to launch soon. James Seyffart speculated that BNB could be the next cryptocurrency asset to pass SEC review and is expected to be listed in the U.S.

Meanwhile, Canary Capital separately submitted an amendment to its staking TRX ETF proposal, which will package Tron’s staking yields into a regulated framework.