#GrayscaleBNBETFFiling
๐ Grayscaleโs move to file for a BNB spot ETF (GBNB) marks a major step toward institutionalizing BNB, following the successful playbook used for Bitcoin and Ethereum ETFs
๐ฆ With Coinbase Custody safeguarding assets and BNY Mellon involved in fund operations, experts say the structure meets Wall Streetโgrade compliance standards
๐ BNBโs market cap sits near $120 billion, making it one of the largest and most liquid altcoins suitable for ETF exposure
๐ Market analysts project a potential 12โ20% upside if approval optimism grows, with breakout targets in the $900โ$1,000 range
๐ฐ A modest 2% institutional inflow could add roughly $2.4B to BNBโs market cap, amplifying price momentum
โ๏ธ Some experts urge caution, noting ETF filings alone donโt guarantee immediate rallies without SEC approval
๐ฅ Overall sentiment is cautiously bullish, as altcoin ETFs could redefine long-term crypto adoption
