Binance Coin worth has remained secure above $890, regardless of current market corrections. The cryptocurrency’s worth has been comparatively flat, because it faces resistance following a bearish development final week.
Grayscale garnered information after submitting an S-1 registration with the SEC of its deliberate spot BNB ETF, turning into a serious milestone in direction of Binance Coin turning into broadly used.
The merchants are additionally trying up the possible bullish development of BNB, and it’s projected to extend above $900. Within the meantime, each Bitcoin and Ethereum are recovering as effectively, as Bitcoin worth hovers round 89K, which will be seen as a possible market-wide restoration.
Grayscale Submits Type S-1 for BNB ETF Registration with SEC
Grayscale filed a Type S-1 with the U.S. Securities and Trade Fee (SEC) on January 23, 2026. The appliance is to approve a brand new exchange-traded fund (ETF) devoted to Binance Coin (BNB).
This funding shall be known as the Grayscale BNB ETF, and it’ll observe the efficiency of the BNB, which is a cryptocurrency that’s related to the Binance change.
Grayscale Investments Sponsors, LLC will handle the ETF and shall be included in Delaware. When the SEC offers its stamp of approval, Grayscale will make the ETF accessible to the market. This step is consistent with the technique of Grayscale to extend its cryptocurrency funding alternatives in a regulated method.
Grayscale, the second asset administration agency to use in a BNB ETF, is after VanEck. BNB ETF shall be traded on Nasdaq beneath the naming of GBNB. Coinbase would be the prime dealer of the Belief, and its custody service would be the custodian of the fund.
In-kind creation and redemption may also be a part of the ETF, in addition to staking. These attributes allow traders to get yields on their investments.
Info such because the administration price of the fund and the seed capital shouldn’t be offered. The submitting comes after Grayscale registered the Belief in Delaware. The BNB ETF can be the seventh cryptocurrency-based ETF by Grayscale had been it to move. The corporate at the moment gives Bitcoin, Ethereum, XRP, Solana, Dogecoin, and Chainlink ETFs.
Binance Coin Value Outlook: Will BNB Hit $1000?
The newest BNB worth hovered at $891 as of January 24, 2026, with the market exhibiting cautious actions.
The Relative Power Index (RSI), which stands at 44, which is the market sentiment, is in a impartial state, which means neither overbought nor oversold.
Furthermore, MACD (Shifting Common Convergence Divergence) has a constructive momentum, with the MACD at this time worth of two.1. This is a sign that a rise in costs might be skilled within the close to future.
The MACD histogram additionally reveals rising buying momentum, although it continues to lag under its sign line. This means that the market may require further bullish assist to beat resistance ranges.
Sooner or later, the Future Binance Coin outlook consists of a possible resistance check on the $900 degree and a doable breakout to the $1,000, if the bullish development continues.
Conversely, a decrease pullback under $850 may end up in the re-test of the decrease vary of assist, probably the $800 vary.
