Grayscale submits a request for a BNB exchange-traded fund to the SEC

Grayscale has submitted an S-1 application for a BNB exchange-traded fund to the U.S. Securities and Exchange Commission (SEC). According to Odaily, this step represents a significant move in Grayscale's efforts to expand its offerings in the cryptocurrency market. The application is part of Grayscale's strategy to provide more options for investors to gain exposure to digital assets. Submitting the S-1 form is an initial step in the regulatory process, and it remains to be seen how the SEC will respond to this proposal.$BTC

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