VanEck and Grayscale have both submitted revised applications for their BNB ETFs to the U.S. Securities and Exchange Commission (SEC). VanEck filed its fifth amendment, while Grayscale submitted its second amendment on the same day, May 15. This synchronized action suggests both firms are addressing feedback from the SEC, potentially paving the way for a near-term launch. Bloomberg ETF analyst James Seyffart noted that BNB could be the next cryptocurrency to gain SEC approval for listing in the U.S.
In other developments, BlackRock is reportedly considering a substantial investment in SpaceX's upcoming IPO, with discussions around a $5 billion to $10 billion stake. This move would mark a significant endorsement from the world's largest asset manager, targeting an IPO that could raise up to $75 billion. Meanwhile, Abu Dhabi's Mubadala has increased its stake in IBIT to nearly $660 million, reflecting continued interest in Bitcoin ETFs.
VanEck and Grayscale Amend BNB ETF Applications Amid SEC Feedback
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