product · May 18, 2026
VanEck and Grayscale submit updated BNB ETF filings advancing approval process
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Grayscale submitted its second amended S-1 for the proposed spot BNB ETF on May 16 2026 while VanEck filed its fifth amendment on the same date. The updates address SEC staff comments on custody surveillance sharing and market manipulation controls for the Nasdaq-listed products. Grayscale's filing designates BitGo Bank and Trust as custodian and Bank of New York Mellon as transfer agent. Bloomberg analyst James Seyffart highlighted the filings as evidence of ongoing SEC review and progress toward potential BNB ETF launch.