- Grayscale has filed a BNB ETF with the SEC.
- As soon as authorised, the ETF product may have the ticker GBNB and be listed on NASDAQ.
- With this utility, Grayscale turns into the second firm to use for a BNB ETF, following VanEck.
Main digital asset administration firm Grayscale filed a registration assertion for the Grayscale BNB ETF with the U.S. Securities and Alternate Fee (SEC) on Friday. If the product is authorised, Grayscale will be capable of maintain digital property based mostly on open-source cryptographic protocols that reside on the BNB Good Chain.
The Grayscale BNB ETF has the ticker GBNB
In its S-1 submitting, Grayscale knowledgeable the SEC that the fund is sponsored by Grayscale Investments Sponsors LLC and is integrated in Delaware. If this utility is authorised, Grayscale will be capable of provide a spot ETF product, the Grayscale BNB ETF, below the ticker GBNB. Mr. Grayscale additionally highlighted plans to listing the ETF product on Nasdaq Inventory Market LLC.
For context, BNB is the native token of the BNB Chain, a blockchain protocol carefully linked to the Binance cryptocurrency alternate. In accordance with CoinMarketCap, BNB at the moment ranks 4th by way of market capitalization, with over $121 billion.
Along with itemizing on Nasdaq, Grayscale’s filings reveal that the funding agency will use Financial institution of New York Mellon because the switch agent for the ETF product, with Coinbase Custody Belief Firm LLC performing because the custodian.
That is solely the second proposal for BNB ETF
With the most recent submitting, Grayscale turns into the second firm to suggest a BNB ETF to the SEC. VanEck took the lead in Might 2025, making use of to supply BNB ETF companies to institutional and retail buyers with regulated publicity.
In the meantime, it is value noting that Grayscale’s BNB ETF filings are consistent with a rise in crypto ETF filings, which have continued to rise over the previous 12 months. This new pattern is being pushed by extra favorable regulatory and political circumstances for digital property in the US, with repercussions all over the world.
If authorised, GBNB will be a part of the rising listing of ETF merchandise in Grayscale’s portfolio, following Chainlink, Dogecoin, XRP, Bitcoin, and Ethereum, amongst others.
Associated: 2026 BNB worth prediction: Amid tight provide, token burn and ETF purposes intention for $1,400
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