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.
Expert predicts BNB could reach $1,000
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.
Grayscale files for BNB spot ETF in Delaware
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.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
BNB Market Cap Overtakes XRP to Reclaim Fourth Place, Two Major Crypto Assets' Ranking Battle Intensifies
Recently, BNB's market capitalization surpassed XRP's, regaining its position as the fourth-largest cryptocurrency in the world, with a current market value of approximately 85.9 billion USD. Although XRP's trading volume is higher than BNB's, BNB maintains its market cap advantage due to its stable price. The two are in fierce competition, with market attention focused on their price trends and trading volume changes, and their rankings could shift rapidly.
GateNews6h ago
Venus Attacker Converts BNB and Other Assets to ETH, Invested $9.92 Million Only Recovered $5 Million
On March 22, on-chain analyst Remainder monitored that the Venus attacker converted all previously extracted BNB, BTC, and CAKE into ETH and bridged it to the Ethereum network, valued at approximately $4.72 million. Currently, the attacker has recovered assets worth approximately $5 million, but whether they conducted long/short operations on trading platforms remains unconfirmed.
GateNews03-22 01:29
BNB Chain leads the AI sector with 39.9% market share, so why is the price still falling?
BNB Chain is emerging as a leader in the AI agent ecosystem, holding 39.9% market share. However, its token BNB's price has not reflected this growth, remaining 25.9% below its previous peak, as market sentiment remains cautious.
TapChiBitcoin03-21 09:08
Renaiss Protocol Completes $30,000 Community Rewards Distribution, Platform Trading Volume Breaks Through $6 Million
Renaiss Protocol completed a $30,000 community rewards airdrop on March 21 to reward users who participated in the Omega and RenaCrypt gacha machines. This event included 20 specific Pokémon cards and a $10,000 prize pool. Renaiss also distributed $17,000 in rewards through its collaboration with BNB Chain. The platform's total trading volume has exceeded $6 million, with over 223,800 registered users. The liquidity incentive mechanism, SuperLiquid Beta 2.0, is expected to be launched next week.
GateNews03-21 06:17
