#GrayscaleBNBETFFiling
BNB Price Reacts to Grayscale ETF Filing
After Grayscale filed its S 1 application for a spot BNB ETF with the U.S. SEC, Binance Coin’s price formed what analysts described as a bearish flag pattern, suggesting possible short-term downside risk. Despite regulatory optimism due to recent crypto ETF approvals, BNB has shown modest price volatility following the news. The SEC has already greenlighted several crypto ETFs, and a BNB-tracking fund could represent another major expansion of regulated crypto investment products if the application proceeds
XRP
1.8443
-3.68%
$BNB $
BNBUSDT
Perp
868.68
-2.14%
BTCUSDT
Perp
86,979.8
-2.51%