$BNB

BNB

873.99

-1.13%

Grayscale has filed an application with the U.S. SEC to launch a BNB ETF. This ETF will allow investors to get exposure to BNB (Binance Coin) without buying or holding crypto directly. The ETF plans to physically hold BNB, not futures or derivatives. Grayscale also mentioned that staking BNB is not allowed right now and will only happen if regulators approve it later.

If approved, the ETF will trade on Nasdaq, making BNB easier to access for institutional and retail investors. This filing is important because it shows growing interest in regulated crypto products. However, approval is not guaranteed due to regulatory risks and BNB’s connection with Binance.#GrayscaleBNBETFFiling #bnb