[VanEck Updates BNB ETF Application, Removes Staking Option] On November 21, VanEck submitted the latest S-1 filing to the U.S. Securities and Exchange Commission (SEC), announcing that the BNB ETF will no longer offer a staking option. Upon listing, the ETF will not use BNB for staking activities, nor will it receive staking rewards or income. VanEck stated that removing the staking option may result in the ETF underperforming compared to directly holding BNB.