grayscalebnbetffiling

Grayscale has filed with the US Securities and Exchange Commission (SEC) to launch a spot BNB exchange-traded fund, marking one of its most significant expansions beyond Bitcoin and Ether as asset managers race to broaden regulated crypto exposure in the United States.According to a registration statement submitted Friday, the proposed Grayscale BNB ETF would hold BNB directly and issue shares designed to track the token’s market price, minus fees and expenses. The fund is intended to trade on Nasdaq under the ticker GBNB, pending regulatory approval.If approved, the product would allow US investors to gain regulated exposure to BNB without directly holding or custodying the token, removing the need to use crypto wallets or exchanges.BNB ETF filing highlights shift beyond BTC and ETHThe filing is notable given BNB’s size and role within the crypto market. BNB is currently the fourth-largest cryptocurrency by market capitalization, valued at approximately $120.5 billion at the time of filing.BNB serves as the native token of the Binance ecosystem, with utility across the BNB Smart Chain and Binance platform. The token is used for transaction fees, onchain governance participation, and trading fee discounts, among other functions.A US-listed spot ETF tied to BNB would mark one of the first attempts to bring exposure to a major exchange-linked token into traditional financial markets.Competition emerges as VanEck also pursues BNB ETFGrayscale is not alone in pursuing regulated BNB exposure.Asset manager VanEck has also filed a registration statement for its own proposed BNB ETF, including an amended Form S-1 seeking a Nasdaq listing under the ticker VBNB. VanEck’s filing places it slightly further along in the regulatory review process.The parallel filings signal growing confidence among institutional managers that US regulators may eventually expand ETF approvals beyond Bitcoin and Ether.Grayscale expands crypto ETF strategyThe BNB filing reflects Grayscale’s broader push to diversify its product lineup following the approval of spot Bitcoin and spot Ether ETFs in the US.Combined, Bitcoin and Ether ETFs now hold more than $100 billion in assets under management, highlighting sustained institutional demand for regulated crypto investment vehicles.A spot BNB ETF would extend that framework beyond base-layer assets, offering exposure to a token closely tied to one of the largest crypto ecosystems globally.While approval is far from guaranteed, the filing underscores how asset managers are increasingly positioning for a post-Bitcoin ETF era, where broader digital asset exposure becomes accessible through traditional markets.

#grayscalebnbetffiling
Grayscale wants to launch a new BNB ETF in the United States.
An ETF is like a stock that you can buy on the stock market. Instead of buying BNB directly from a crypto exchange and storing it in a wallet, people could just buy this ETF through normal stock platforms like Nasdaq.
What Grayscale is doing
Grayscale has applied to the US SEC for permission.The ETF would hold real BNB tokens.The ETF price would follow the market price of BNB (minus fees).It would trade on Nasdaq with the name GBNB.
Why this matters
US investors could get exposure to BNB without dealing with:crypto walletsprivate keyscrypto exchangesEverything would be regulated and simpler, like buying shares.
About BNB
BNB is the 4th largest cryptocurrency in the world.It belongs to the Binance ecosystem.People use BNB to:pay transaction feesget trading discounts on Binancetake part in blockchain governance
Big picture
Until now, most crypto ETFs focused only on Bitcoin and Ethereum.
This filing shows that big companies like Grayscale are now trying to bring more cryptocurrencies (like BNB) into the regulated US market.

Here’s the next likely move everyone’s watching… 👀🔥
$XRP is lighting up crypto timelines after analyst Steph Is Crypto (@Steph_iscrypto) dropped a chart that has bulls fired up. The comparison? XRP’s current structure vs. the early price journeys of Mastercard and Visa—two payment giants that went on to deliver thousands of percent in gains. 😮📈
Let’s break down why this narrative is going viral—and what it could mean next.
💳 The Mastercard & Visa Blueprint
Both Mastercard and Visa followed a three-phase growth pattern:
Accumulation & Early Breakout
Explosive Expansion
Brief Consolidation → Accelerated Growth
📊 The results speak loud:
Mastercard: ~$12 → $527.57 (+4,296%)
Visa: ~$12 → $325.28 (+2,611%)
These weren’t random pumps. They were structured moves driven by adoption, utility, and scale.
🔁 XRP: Same Structure, Different Era
According to the chart, XRP is now showing a similar early-stage setup. Price is hovering around $1.95, and the structure suggests XRP is transitioning from Phase 1 to Phase 2—the zone where momentum typically accelerates.
Phase 1: Accumulation + early breakout ✔️ (seen in early January)
Phase 2: Rapid upside + short consolidation ⏳ (forming now)
Phase 3: Final pause before stronger expansion 🚀 (potentially ahead)
If this fractal holds, XRP could be gearing up for a decisive move.
🎯 What the Math Suggests (If History Rhymes)
Applying historical gains as a theoretical framework:
Mastercard-style move (+4,296%) → XRP ≈ $85.72
Visa-style move (+2,611%) → XRP ≈ $52.86
⚠️ These are comparative targets, not promises. Crypto ≠ stocks. But they offer a measurable upside lens grounded in real market history.
🧠 Strategic Takeaway
The excitement isn’t just about price—it’s about structure, phases, and narrative alignment:
XRP positioned as a payments-focused asset
Clear multi-phase technical roadmap
Growing attention as price compresses before expansion
For investors tracking XRP, this comparison provides a clean framework to evaluate upside while staying aware of broader market conditions.
💥 Bottom Line:
If XRP continues to follow this historical blueprint, the coming months could be pivotal. The setup is there. The phases are aligning. And the market is watching closely. 👁️‍🗨️
FOLLOW Bemaster Buymaster 💰💸 to Find out more
🤩 BE MASTER. BUY SMART. 💰🔥