⚡ LATEST: Grayscale files for a spot BNB ETF

Grayscale has filed with the SEC to launch the Grayscale BNB Trust, a spot BNB ETF set to trade on Nasdaq under the ticker GBNB.

KEY DETAILS:

• Product: Spot BNB ETF

• Ticker: G$BNB

• Venue: Nasdaq

• Filed with: SEC

WHY IT MATTERS:

• Expands ETFs beyond BTC & ETH into major altcoins $ETH

• Strengthens institutional legitimacy for BNB

• Adds pressure on regulators to clarify altcoin ETF approvals $BTC

BOTTOM LINE:

The ETF Net Is Expanding.

After Bitcoin And Ethereum, Altcoin ETFs Are Knocking On The Door.

#Grayscale #ETHMarketWatch #ETHMarketWatch