Key notes
- With this filing, Grayscale becomes the second major asset manager after VanEck to pursue a spot BNB ETF.
- Following the filing, BNB price saw modest gains and is attempting to break key resistance below $900.
- Technical analysts point to bullish chart patterns and a multi-year uptrend for BNB, with short-term targets around $1,000-$3,000.
Crypto asset manager Grayscale has filed for a BNB spot ETF with the aim of creating an exchange-traded fund for the fifth-largest crypto. Following the development, BNB
BNB
$907.8
24h volatility:
1.4%
Market capitalization:
$125.03 billion
Flight. 24h:
$1.18 billion
the price is displayedA healthy uptick, gaining 1.79%, with analysts predicting a rally past $1,000 soon. The filing comes at a time when altcoin ETFs for XRP and Solana are showing strength as more crypto ETFs remain the theme for 2026.
Grayscale Files for Spot BNB ETF in Delaware Court
Crypto asset manager Grayscale has taken the first steps to launch a Binance Coin (BNB) exchange-traded fund by registering a statutory trust in the state of Delaware. The filing, dated January 8, 2026, is a preliminary step that precedes a formal application to the United States Securities and Exchange Commission (SEC).
With this decision, Grayscale becomes the second major asset manager too pursue an ETF focused on BNB, following a similar effort by VanEck.
Grayscale BNB ETF Deposit | Source: Delaware Government Website
Asset manager Grayscale is actively pursuing crypto ETFs with products for Solana ETF (GSOL), Chainlink ETF (GLNK), and XRP ETF (GXRP) already on the market. In November 2025, the asset manager also filed a request to convert its ZCash Trust to an ETF.
Analysts Predict BNB Price to Surpass $1,000 Soon
Following this development around a BNB ETF, the Binance Coin price posted modest gains. However, he remains confronted rejection and is trading below the $900 resistance at press time.
Based on BNB’s technical setup, some market analysts believe that the altcoin is poised for a rally to $1,000. Speaking on the development, popular market analyst Crypto Rand note Binance Coin (BNB) is showing fresh bullish momentum after forming a double bottom technical pattern above the $850 level.
According to the analyst, BNB is now pressing against key horizontal resistance, with price action suggesting a potential breakout. If the resistance is breached, the BNB price could rise to $1,000, the analyst noted.
Eyes on $BNB after printing a double bottom above $850, it is now pushing for the break of horizontal resistance and warming engines to break the $1,000 range again ⚡️ pic.twitter.com/UniPNPSb3G
– Rand (@cryptorand) January 6, 2026
On the other hand, crypto analyst Crypto Patel has set an aggressive long-term target for BNB. He noted that the altcoin is showing major strength after surpassing its previous all-time high and making it a key support level.
BNB continues to trade above a multi-year ascending trendline, reinforcing the broader bullish structure. However, he said any decline below $800 could push it into the long-term accumulation zone between $500 and $800.
$BNB Price Forecast 2026 | Is $10,000 BNB Coming? | Analysis by CryptoPatel#BNB Bounced off the $500 support, broke its previous ATH and broke through major resistance at $700. This area now provides solid support. Currently in consolidation near $800.
Key information:
Multi-year ascendant… pic.twitter.com/roYNKtYvVJ-Crypto Patel (@CryptoPatel) January 3, 2026
On the positive side, the analyst set a target of $3,000 during the next bullish phase, while projecting a much higher macrocycle target between $10,000 and $20,000 if the bullish momentum persists.
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Bhushan is passionate about FinTech and has a good nose for understanding financial markets. His interest in economics and finance draws his attention to the new emerging markets of Blockchain technology and cryptocurrencies. He is continually in the process of learning and remains motivated by sharing his acquired knowledge. In his free time, he reads thriller novels and sometimes explores his culinary skills.
