VanEck updated its S-1 filing for the BNB ETF, removing the pledging option.
2025-11-25 13:23
Odaily Planet Daily reports that asset management firm VanEck filed its latest S-1 document with the U.S. Securities and Exchange Commission (SEC) on November 21, stating that its BNB ETF will no longer offer a staking option. The ETF will not use its BNB for staking activities upon listing and therefore will not receive any staking rewards or income from such activities. VanEck acknowledged that removing the staking option may cause the ETF to underperform compared to holding BNB. (Cointelegraph)
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