Institutional Move: Grayscale Files for Binance-Linked Fund ($GBNB)
Headline Suggestion: BNB Hits the Mainstream: Grayscale Files for First-Ever BNB-Linked Investment Fund.
Key Points:
Grayscale has officially filed with the SEC to launch an investment fund tied to $BNB intended to trade on the Nasdaq under the ticker GBNB.
This move signals growing institutional appetite for the Binance ecosystem and could provide a massive price catalyst for $BNB if approved.
The fund would allow traditional brokerage users to gain exposure to the $BNB ecosystem without needing a direct crypto wallet.
BNB
750.01
-3.08%