Grayscale Files US Spot BNB ETF, Awaiting SEC Approval

Grayscale files with the SEC to launch the Grayscale BNB Trust ETF, tracking the BNB token, pending Nasdaq’s 19b-4 filing and SEC clearance.

Rich by Coin

2026-01-23

Grayscale has filed with the SEC to launch the Grayscale BNB Trust, an ETF tracking the BNB token. The proposal hinges on Nasdaq submitting a 19b-4 form and receiving SEC approval.

The move would offer a regulated avenue for exposure to BNB through a US-listed ETF rather than a crypto exchange. Nasdaq’s 19b-4 filing is a prerequisite, with SEC clearance required before listing or trading can commence.

If approved, the Grayscale BNB Trust would provide a regulated path for exposure to the BNB token, potentially appealing to institutional and retail investors. The timing depends on regulatory review, and Grayscale has not announced a listing timeline.