Grayscale has submitted files to the relevant regulatory authorities for the purpose of creating an exchange-traded fund (ETF) that will track the performance of Binance's BNB token. This development follows closely on the heels of VanEck's recent application to launch a similar ETF, highlighting the growing interest among financial institutions in providing investment vehicles that allow investors to gain exposure to cryptocurrency assets.
source: https://www.coindesk.com/markets/2026/01/23/grayscale-files-for-etf-tracking-binance-s-bnb-token-following-vaneck-s-bid