BNB Token Surges 2.39% Amid Grayscale ETF Filing and Nasdaq Stockholm ETP Launch

BNBUSDT has seen a 2.39% price increase over the last 24 hours, rising from a 24h open of 882.20 to a current price of 903.28. This positive price movement is primarily attributed to institutional developments, including Grayscale's S-1 filing with the SEC for a potential Grayscale BNB ETF and the launch of a BNB ETP on Nasdaq Stockholm by Virtune, which have fueled investor confidence and increased demand. Additional support comes from ongoing ecosystem upgrades, new DeFi yield opportunities, and continued utility in transaction fees and staking. The 24-hour trading volume is approximately $2.06 billion, with a market cap near $123.76 billion; BNB has traded between $880.60 and $909.43 during this period, reflecting heightened activity and bullish sentiment in the market.