The institutional floodgates are officially swinging open! ๐
Grayscale just submitted its S-1 filing to the SEC for a spot $BNB ETF, marking a massive shift for the entire Binance ecosystem. This move aims to bring the fourth-largest crypto asset to Wall Street via the Nasdaq under the ticker GBNB.
By shifting from a private trust to a regulated spot fund, @BNB is positioned for a massive liquidity injection from institutional players whoโve been waiting on the sidelines. ๐ฆโจ
Whatโs your price target if the SEC gives the green light? ๐
