Grayscale has filed a registration assertion with the US Securities and Change Fee in search of approval to launch an exchange-traded fund that tracks BNB, the native token of the BNB Chain.
In keeping with the submitting, the proposed Grayscale BNB ETF would maintain BNB tokens and goal to replicate the asset’s market worth, much less bills. If accredited, the fund would commerce on the Nasdaq underneath the ticker GBNB, with Financial institution of New York Mellon listed as switch agent and Coinbase Custody serving as custodian.
BNB is the native token of the BNB Chain, presently the fourth-largest crypto asset by market capitalization at roughly $120 billion, in response to CoinGecko knowledge.
Grayscale is the second asset supervisor to suggest a BNB-focused ETF after VanEck filed for the same product in Might 2025. The submitting comes amid a broader surge in crypto ETF launches as US regulatory circumstances have turn out to be extra favorable towards digital asset funding merchandise.
Funds monitoring property similar to Solana, XRP, Dogecoin, Hedera, and Chainlink have already reached the market. Grayscale has additionally expanded its personal lineup, providing ETFs linked to Bitcoin, Ethereum, XRP, Dogecoin, and Chainlink, and is in search of to transform its Close to-focused belief into an ETF.
