[VanEck and Grayscale Update BNB ETF Application Documents on the Same Day, Canary Capital Advances TRX Staking ETF] Foresight News reports, citing The Block, that VanEck submitted the fifth amendment to its BNB ETF registration document to the U.S. Securities and Exchange Commission (SEC) last Friday. The product is proposed to be listed on Nasdaq under the ticker symbol VBNB. On the same day, Grayscale submitted the second amendment to its BNB ETF registration document, which, if approved, will be listed on Nasdaq under the ticker symbol GBNB. Bloomberg Intelligence ETF analyst James Seyffart noted that the simultaneous updates by both institutions may indicate that they are responding to feedback from the SEC, suggesting that BNB could become the next spot crypto ETF approved in the U.S. Neither of the two documents currently includes staking functionality. VanEck had previously removed staking terms from its application in November last year, but both documents retain conditional language regarding staking. Both trust products will directly hold BNB and will be listed as commodity trust funds under Nasdaq Rule 5711(d). Meanwhile, Canary Capital has also submitted the first amendment to its TRX Staking ETF registration document, officially listing staking rewards as the trust's "secondary investment objective." The staking project will be operated by the sponsor, earning additional TRX through participation in the Tron proof-of-stake validation mechanism. The amendment also fills in previously missing service provider information: U.S. Bancorp Fund Services will serve as the transfer agent and administrator, U.S. Bank will act as the cash custodian, and BitGo will serve as the TRX custodian. Information regarding the exchange, ticker symbol, and management fees has not yet been disclosed.