CoinWorld News: Asset management firm Grayscale has registered trust funds related to BNB and HYPE in Delaware. This is a common administrative step in preparation for potentially launching related cryptocurrency ETF products in the future, but no formal application has been submitted yet. This move indicates that institutional investors' interest in exposure to crypto assets is expanding from Bitcoin and Ethereum to a broader range of assets.
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CoinWorld News: Asset management firm Grayscale has registered trust funds related to BNB and HYPE in Delaware. This is a common administrative step in preparation for potentially launching related cryptocurrency ETF products in the future, but no formal application has been submitted yet. This move indicates that institutional investors' interest in exposure to crypto assets is expanding from Bitcoin and Ethereum to a broader range of assets.