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BlockBeats News, May 16th, Grayscale has submitted the second amended S-1 filing for its BNB ETF to the U.S. Securities and Exchange Commission (SEC). Bloomberg ETF analyst James Seyffart stated that this amended version is likely based on SEC feedback, implying that the product may be accelerating its path to listing.

BlockBeats news, on May 16, DefiLlama's latest data shows that over the past month, revenue distributed by DeFi protocols to token holders has exhibited a significant concentration trend—the top 10 protocols account for about 87% of total revenue. Among them, leading protocols such as Hyperliquid, edgeX, and Pump contributed the main sources of revenue. There is a clear gap in the proportion attributed to individual protocols, showing a typical "power law distribution" structure. Analysis points out that DeFi earnings are increasingly concentrating in top protocols, while the share of revenue held by small and medium-sized protocols continues to shrink, intensifying the industry's Matthew effect.

According to data monitored by on-chain analyst Ai 姨 (@ai_9684xtpa), a certain "iron-headed bull" has been long on 80,000 ETH at an average price of around $2,265 across two addresses since April 30, with a position value reaching $186 million. The position was never reduced during this period. As BTC fell below $80,000, this position has returned to a loss zone, with a current unrealized loss of approximately $2.9 million; while at the market peak on May 11, the unrealized profit once exceeded $8 million.