Grayscale files S-1 for a spot BNB ETF 📄🔍

Grayscale filed an S-1 for a BNB-tracking ETF structure, aiming to expand regulated crypto exposure beyond BTC/ETH. The SEC filing describes the trust and its objective to reflect the value of BNB held by the trust (minus fees/expenses).

If approved, it’s another step toward broader “altcoin ETF” access via traditional markets.

#bnb #Grayscale #CryptoETF #SEC #ETFs