Group 1 - Grayscale has filed for a spot BNB ETF in Delaware, marking a significant step towards launching an exchange-traded fund for Binance Coin (BNB) [2] - This filing is a preliminary move before a formal application to the US Securities and Exchange Commission (SEC), making Grayscale the second major asset manager to pursue a BNB-focused ETF after VanEck [2] - The filing comes at a time when altcoin ETFs for XRP and Solana are gaining traction, indicating a broader trend towards crypto ETFs expected to continue into 2026 [1][2] Group 2 - Following the ETF filing, BNB price has shown a modest increase of 1.79%, with analysts predicting a potential rally past $1,000 soon [1][4] - Analysts believe BNB is forming a technical double-bottom pattern above the $850 level, suggesting renewed bullish momentum [5] - If BNB clears the key horizontal resistance, it could move towards the $1,000 mark, with some analysts projecting a long-term target of $3,000 during the next bull phase and even higher macro-cycle targets between $10,000 and $20,000 [6][7]
Grayscale Files for Spot BNB ETF, Will BNB Price Rally Past $1000 Soon?
Yahoo Finance·2026-01-09 08:44