BNB Surges 2.51% After Grayscale ETF Filing and Nasdaq ETP Launch Boost Investor Confidence
BNBUSDT experienced a 2.51% price increase over the last 24 hours, rising from 882.86 to 905.00, primarily driven by heightened market activity following significant developments such as Grayscale’s SEC filing for a BNB ETF, Virtune’s BNB ETP launch on Nasdaq Stockholm, and expanded trading pairs. Increased transaction volume, greater user engagement, a notable rise in BNB staking rates, and growing whale addresses further supported bullish sentiment, while macro events including U.S.-Iran geopolitical tensions and U.S. Federal Reserve updates contributed to overall market volatility.
Currently, BNB trades at 905.00 USDT with strong market participation reflected in 24-hour volumes between $1.36 billion and $2.08 billion, a market cap near $122.95 billion, and a circulating supply of approximately 136.36 million tokens, indicating continued investor confidence and resilience in the broader cryptocurrency market.