VanEck and Grayscale File Fresh BNB ETF Amendments; Canary Capital Advances Staked TRX ETF on Friday

According to The Block, on Friday VanEck and Grayscale each filed new amendments to their BNB spot ETF proposals with the SEC. VanEck filed Amendment No. 5 to its VanEck BNB ETF (ticker VBNB), while Grayscale filed Amendment No. 2 to its proposal (ticker GBNB). Bloomberg Intelligence ETF analyst James Seyffart said the parallel activity indicates both issuers are responding to SEC feedback and could aim for near-term launch, suggesting BNB could be the next altcoin to clear U.S. spot ETF approval.

Canary Capital filed Amendment No. 1 to its Canary Staked TRX ETF on the same day, formalizing staking as a secondary investment objective. The amendment specified U.S. Bancorp Fund Services as transfer agent, U.S. Bank as cash custodian, and BitGo as TRX custodian. Canary originally filed the proposal in April 2025.