Grayscale wins SEC nod as five coin ETF eyes $1 billion

Grayscale Investments has secured approval from the US Securities and Exchange Commission (SEC) to uplist its Digital Large Cap Fund (GDLC) as an exchange-traded fund. The product, which holds a ba...

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Grayscale wins SEC nod as five coin ETF eyes $1 billion

Source: CryptoSlate

Grayscale Investments has secured approval from the US Securities and Exchange Commission (SEC) to uplist its Digital Large Cap Fund (GDLC) as an exchange-traded fund. The product, which holds a basket of Bitcoin, Ethereum, XRP, Cardano, and Solana, is scheduled to begin trading on Sept. 19, according to Bloomberg ETF analyst Eric Balchunas. The approval […]