Grayscale files for ETF tracking Binance's BNB token, following VanEck’s bid

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Why This Matters

Grayscale has filed for an ETF that tracks Binance's BNB token, following a similar bid by VanEck, which could provide investors with exposure to the token without direct ownership.

Market Impact

Market impact analysis based on bullish sentiment with 80% confidence.

Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

The proposed "GBNB" trust would offer investors exposure to the native token of the BNB chain without having to directly own the tokens, but approval still hinges on Nasdaq’s filing.

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Full article on CoinDesk
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Original article published by CoinDesk on January 23, 2026.
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