Grayscale digital asset management has officially filed for a spot ETF for BNB, the fifth-largest cryptocurrency in the world. This news immediately boosted the BNB price, helping the coin rise by 1.79%.
Grayscale’s move comes amid the strong performance of altcoin ETFs such as XRP and Solana, indicating that cryptocurrency ETFs will become the mainstream trend in 2026. An expert commented that this exchange token is currently striving to break through the accumulation zone formed after the sell-off in November.
If BNB can close clearly above this price range, the prospect of continuing to rise to the $1,000 mark will be opened.
Following the news of Grayscale’s application for a spot BNB ETF, the BNB price has risen slightly but has not yet surpassed the $900 threshold. Technical indicators show potential for growth toward the $1,000 level in the near future.
According to crypto influencer @bl_ockchain, after the sell-off in November, BNB has been accumulating within a stable price range for several weeks. The price has repeatedly held at the lower end, reflecting strong demand, and is now heading toward the upper part of this range.
This expert believes that if BNB closes above the accumulation zone, this move could trigger a strong upward trend beyond $1,000. Currently, the high price zone remains an important breakout level, and surpassing it will confirm bullish momentum. Investors need patience, as the next developments could shape BNB’s trend.
Bl_ockchain’s BNB price chart previously showed a double bottom pattern above $850. The analyst thinks BNB is approaching a key resistance level, and if broken, the next target will be $1,000.
Meanwhile, CryptoPatel offers the most optimistic forecast for BNB in 2026, with a long-term target after the coin surpasses its previous all-time high, which has now become a solid support zone.
BNB is trading along a multi-year upward trend line, reinforcing a positive long-term outlook. Patel estimates that if the price drops below $800, BNB could enter a long-term accumulation zone between $500 and $800.
CryptoPatel’s BNB price chart shows a target of $3,000 for the next bullish cycle. If the upward momentum continues, BNB could even reach between $10,000 and $20,000 over the entire macro cycle.
In the latest development, Grayscale has taken the first step toward launching a BNB ETF by submitting an application to establish a trust fund in Delaware. The filing on January 8, 2026, is the initial step before submitting an official application to the U.S. Securities and Exchange Commission (SEC).
With this move, Grayscale becomes the second major investment firm pursuing a BNB-focused ETF, after VanEck’s previous efforts.
Grayscale continues to expand its portfolio of cryptocurrency ETFs, now including funds for Solana (GSOL), Chainlink (GLNK), and XRP (GXRP) on the market. In November 2025, the company also filed to convert the ZCash Trust into an ETF, demonstrating a strategy to strengthen growth in the rapidly expanding cryptocurrency investment fund sector.
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