Vaneck Submits S-1 Amendment for BNB Spot ETF

According to BlockBeats, Vaneck has submitted an S-1 amendment for its BNB spot ETF on November 21, as per information from the SEC's official website. The ETF is designated with the trading code VBNB. Reuters reports that upon approval, the ETF will be listed on Nasdaq. Submitting an S-1 amendment, typically marked as S-1/A, is a significant positive indicator in the ETF approval process. Issuers submit the S-1/A in response to and modification of the SEC's formal comment letter.