VanEck has withdrawn its staking provision from its application for a spot BNB Exchange Traded Fund (ETF) with the U.S. Securities and Exchange Commission (SEC). This decision, as reported by Coin Telegraph, indicates a shift in strategy for the asset management firm. VanEck explicitly stated that, "BNB staking will not be conducted at the time of listing, and there is no guarantee that staking will be conducted in the future." This differs from their approach with the Solana (SOL) ETF, which incorporates staking rewards. Industry analysts speculate that the SEC's previous classification of BNB as a security likely influenced VanEck's decision to remove the staking component. The SEC has historically been wary of staking programs, viewing them as potential securities offerings. This move may increase the likelihood of the BNB ETF being approved by the regulatory body. The future of staking for the BNB ETF remains uncertain. ```