Grayscale Files for Spot BNB ETF — A New Chapter in Altcoin Adoption
Grayscale has officially submitted a Form S-1 to the U.S. Securities and Exchange Commission (SEC) to launch a spot ETF tracking Binance Coin (BNB), under the proposed ticker GBNB. If approved, this ETF would allow U.S. investors to gain regulated exposure to BNB without holding the token directly.
This marks Grayscale’s most ambitious expansion beyond Bitcoin and Ethereum, signaling growing institutional interest in altcoins. The fund is designed to hold BNB directly and reflect its market value, minus fees and expenses.
📌 Note: This product is subject to regulatory approval and is not yet available for trading.
BNBUSDT
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892.52
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