Grayscale wants to launch a new BNB ETF in the United States.
An ETF is like a stock that you can buy on the stock market. Instead of buying BNB directly from a crypto exchange and storing it in a wallet, people could just buy this ETF through normal stock platforms like Nasdaq.
What Grayscale is doing
Grayscale has applied to the US SEC for permission.
The ETF would hold real BNB tokens.
The ETF price would follow the market price of BNB (minus fees).
It would trade on Nasdaq with the name GBNB.
Why this matters
US investors could get exposure to BNB without dealing with:
crypto wallets
private keys
crypto exchanges
Everything would be regulated and simpler, like buying shares.
About BNB
BNB is the 4th largest cryptocurrency in the world.
It belongs to the Binance ecosystem.
People use BNB to:
pay transaction fees
get trading discounts on Binance
take part in blockchain governance
Big picture
Until now, most crypto ETFs focused only on Bitcoin and Ethereum.
This filing shows that big companies like Grayscale are now trying to bring more cryptocurrencies (like BNB) into the regulated US market.
