Binance Coin Soars to New High as Rex Osprey ETF Sparks Institutional Optimism

Binance Coin (BNB) has surged to a new all-time high, exceeding $864, fueled by the filing of a staking exchange-traded fund (ETF) by Rex Osprey. This development has ignited investor optimism and spurred institutional demand, with analysts projecting further gains towards the $1,400 mark if momentum sustains. The ETF’s approval marks a significant step towards regulated BNB investment, bolstering the coin’s legitimacy in the eyes of mainstream investors. Binance’s long-term outlook has been enhanced by this development, attracting heightened interest from various institutional players.