#GrayscaleBNBETFFiling
Grayscale has filed for a spot BNB ETF, marking a notable step toward expanding regulated access to Binance Coin for traditional investors. ๐
The move reflects growing institutional interest in layer 1 blockchain assets beyond Bitcoin and Ethereum.๐
If approved, the ETF would allow exposure to BNB without direct custody or on chain interaction, potentially increasing liquidity and legitimacy. ๐ฐ
However, regulatory scrutiny around Binance and BNB remains a key factor, making approval uncertain.
Still, the filing signals confidence that crypto markets are maturing and that diversified digital asset products may play a larger role in future portfolios.
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