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Grayscale and VanEck file revised spot BNB ETF proposals with SEC amid regulatory challenges.

Market News
17 May 2026
Blockonomi
View Source
Bullish
Grayscale and VanEck file revised spot BNB ETF proposals with SEC amid regulatory challenges.

Grayscale and VanEck submitted updated registration documents for spot Binance Coin (BNB) ETFs to the U.S. SEC, signaling ongoing efforts to bring a regulated BNB investment product to U.S. markets. These filings come after recent approvals of Bitcoin and Ethereum spot ETFs, but BNB faces unique regulatory hurdles due to its SEC classification debates. BNB's price is near a critical resistance level around $690, with potential to rise to $750–$780 if surpassed. Approval timelines remain uncertain, but these moves highlight growing institutional interest in BNB as a tradable asset on conventional exchanges without direct custody requirements.

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In 2026, BNB Chain recorded the highest growth in Real World Assets (RWA) value at $3.6 billion, surpassing Solana and others. However, this growth reflects asset value variation, not actual trading or network activity. On the same day, Solana led in...

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