#GrayscaleBNBETFFiling Key updates:

• Grayscale has officially filed an S-1 registration with the U.S. Securities and Exchange Commission (SEC) to launch a spot BNB ETF that would track the price of Binance’s native token and list on Nasdaq under the ticker “GBNB.” This marks a major expansion of Grayscale’s crypto ETF lineup beyond Bitcoin and Ethereum.

theblock.co +1

• The filing positions Grayscale directly in the growing “altcoin ETF” race, joining rival filings such as VanEck’s earlier BNB ETF proposal. This reflects broader institutional interest in regulated altcoin exposure.

Cointribune

**• Despite the announcement, BNB’s price has remained relatively range-bound, with no sharp breakout tied to the filing news so far. This suggests markets may be taking a “wait-and-see” approach pending regulatory clarity and eventual approval.

AMBCrypto

• The proposed ETF filing underscores continued momentum for crypto-related investment products in the U.S., building on multiple spot ETF launches and filings across Bitcoin, Ether, and other digital assets.

Finance Magnates

In summary: Grayscale’s BNB ETF filing marks a significant step in institutionalizing Binance Coin exposure within traditional markets, but markets are currently treating the news with caution as regulatory approval remains uncertain.