VanEck and Grayscale File BNB ETF Amendments on the Same Day

Odaily reported that VanEck submitted its fifth amendment to the BNB ETF registration statement to the U.S. Securities and Exchange Commission (SEC) on 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 filing of amendments by the two institutions indicates that both are responding to SEC feedback and may be planning to advance product launches in the near future.

James Seyffart also indicated that BNB could become the next crypto asset to pass SEC review and potentially be listed in the United States. (The Block)