Crypto exchange Binance has announced it will cease support for Bitcoin NFTs on its marketplace from May 18, 2024. This decision comes just two months after the exchange enabled the buying, selling, and listing of Bitcoin NFTs. Binance has asked users to withdraw their Bitcoin NFTs from the marketplace before the deadline. From May 18, 2024, users will not be able to buy, deposit, bid on, or list NFTs on the Binance NFT Marketplace via the Bitcoin network. The platform will also stop supporting airdrops, benefits, or utilities associated with Bitcoin NFTs. This move follows asset manager Franklin Templeton's positive sentiment on the impact of Bitcoin NFTs on the Bitcoin ecosystem.