Grayscale Adds BNB to Its Crypto ETF Rebalance — Here Is What Changed

Grayscale, the prominent digital asset management firm known for its cryptocurrency investment products, has recently made a significant update to its cryptocurrency exchange-traded fund (ETF) by adding BNB, the native cryptocurrency of the Binance blockchain, to its portfolio during the latest rebalance. This strategic decision reflects a shift in Grayscale's investment strategy and indicates a growing recognition of BNB's potential within the broader cryptocurrency market. In this article, we will delve into the details of this change, exploring the implications for investors as well as the reasons behind Grayscale's choice to incorporate BNB into its ETF, including any adjustments made to the overall composition and focus of the fund. source: https://blocknews.com/grayscale-adds-bnb-to-its-crypto-etf-rebalance-here-is-what-changed/