The news just confirmed that Grayscale is pushing forward with the BNB ETF application process.
This is not just a simple 'good news', it is a signal that BNB is undergoing a complete transformation!
Why do I dare to say BNB is the most stable golden shovel next? Understand these three points, and you will come back to thank me.
1. The get-out-of-jail-free card from Wall Street is here.
In the past, institutions were afraid to buy BNB, afraid of what? Afraid of the SEC making moves, afraid of regulatory risks.
But who is Grayscale? It is the king of winning lawsuits! It was the one that won against the SEC back in the day, which led to today's Bitcoin ETF.
Since Grayscale dares to submit the BNB ETF application, it shows that Wall Street's top legal team has passed the risk assessment.
This is equivalent to stamping BNB: 'This currency is compliant, large funds can enter!'
This is the largest valuation repair in BNB's history.
2. Deflation + Locking mechanism's spiral ascent
Don't forget that BNB's economic model is the most extreme in the entire cryptocurrency circle:
• Constantly being burned: Reducing circulation every quarter.
• Mining locking: Every time new coins are mined, tens of millions of BNB are locked.
• Now with the ETF: Institutions are only buying, not selling, the 'Pi Xiu' funds entering the market.
Decreased supply + Surging demand = Skyrocketing prices.
There are 21 million Bitcoins, but BNB is getting scarcer as it is used!
3. Binance's 'Final Battle'
With CZ completing the settlement with regulators, Binance is now on a path of comprehensive compliance.
The approval of the BNB ETF will be the final piece of the puzzle for Binance to fully integrate into traditional finance.
By then, BNB will not only be a token of the exchange, but a hybrid of the world's largest exchange + the largest public chain + Wall Street ETF.
Do you think the current price is worthy of this status?
Operational advice:
The current $BNB is like BTC at 25,000 dollars before the ETF approval.
Don't get off the train because of those few points of fluctuation. Hold on to your $BNB , every pullback is to shake you off the train!
Grayscale has already made it clear, what are you still hesitating about?
