Grayscale files S-1 for a spot BNB ETF ๐๐
Grayscale filed an S-1 for a BNB-tracking ETF structure, aiming to expand regulated crypto exposure beyond BTC/ETH. The SEC filing describes the trust and its objective to reflect the value of BNB held by the trust (minus fees/expenses).
If approved, itโs another step toward broader โaltcoin ETFโ access via traditional markets.