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VanEck withdraws staking offer from BNB ETF due to regulatory concerns.

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Source: DigitalToday Original Title: VanEck files for BNB ETF without staking…seems to consider regulatory issues Original Link: VanEck has stated through its latest documents submitted to the U.S. Securities and Exchange Commission ( SEC ) that it will not stake in the BNB spot ETF.

VanEck mentioned the possibility of staking when announcing its BNB ETF plans in May, but has since retracted that in this amendment, stating that potential returns could be lower than if investors held BNB directly.

This contrasts with the Solana ETF recently launched by VanEck, which offers staking rewards.

VanEck seems to be considering the possibility that BNB staking could lead to SEC regulatory issues. The SEC sued two major exchanges and Kraken in 2023 for unregistered securities trading, and classified BNB as a security.

The SEC has stated that staking is not subject to securities laws, but debates continue as opposing opinions emerge internally.

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