Grayscale seeks ETF for Binance BNB token after VanEck bid

Grayscale has filed for an ETF that would track Binance's BNB token, following a bid from VanEck.

The proposed "GBNB" trust would offer investors exposure to the native token of the BNB chain without having to directly own the tokens.

Approval of the ETF still hinges on Nasdaq’s filing.

Key Topics

Crypto, Grayscale, Bnb Token, Binance, Gbnb, Vaneck