BlockBeats reports that on May 17, VanEck submitted its fifth amendment to the BNB ETF registration statement to the SEC on Friday (May 15), while Grayscale also filed its second amendment to the Grayscale BNB ETF prospectus on the same day. Bloomberg ETF analyst James Seyffart noted that the synchronized actions of both parties indicate they are responding to feedback from the SEC and may be planning to launch soon.

James Seyffart speculates that BNB might be the next crypto asset to pass SEC scrutiny and get listed in the US. Meanwhile, Canary Capital has submitted a revision to its TRX ETF proposal, aiming to bundle Tron’s staking yields into a regulated framework.