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Grayscale BNB ETF Filing Follows Major Fermi Hard Fork Upgrade

1 min readSource

Grayscale has filed for a spot BNB ETF following the successful Fermi hard fork upgrade. Learn how these developments could impact BNB's institutional adoption.

Wall Street is knocking on BNB's door. Just as the network finished a massive internal overhaul, one of the world's largest asset managers made a bold move to bring the token into the regulated spotlight.

Grayscale BNB ETF Filing and the Fermi Milestone

According to reports from Reuters, Grayscale Investments has officially filed for a spot BNB ETF with the U.S. Securities and Exchange Commission (SEC). This strategic filing comes on the heels of the successful Fermi hard fork on the BNB Smart Chain (BSC), which significantly boosted the network's throughput and finality speed.

Scaling Technology Meets Institutional Demand

The Fermi upgrade isn't just a technical patch; it's a fundamental shift in how the ecosystem handles massive traffic. By improving finality, BSC is signaling to institutions that its infrastructure is ready for high-stakes financial products. Market analysts suggest that Grayscale is timing this to capitalize on the network's newfound efficiency.

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