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U.S. SEC Has Received Petition To Convert Grayscale Digital Large Cap Fund (GDLC) Into An ETF

U.S. SEC Has Received Petition To Convert Grayscale Digital Large Cap Fund (GDLC) Into An ETF

Bitget2024/10/31 07:12
BTC-0.50%SOL+0.91%AVAX-2.59%

On October 31st, The ETF Store President Nate Geraci tweeted that the SEC has received a request to convert the Grayscale Digital Large Cap Fund (GDLC) into an ETF. GDLC currently holds about 77% BTC and 17% ETH, with SOL, XRP and AVAX making up the rest of its holdings, and the SEC is now seeking public comment on the matter.

In previous news, Grayscale filed a petition with the U.S. SEC to convert its hybrid cry

U.S. SEC Has Received Petition To Convert Grayscale Digital Large Cap Fund (GDLC) Into An ETF


On October 31st, The ETF Store President Nate Geraci tweeted that the SEC has received a request to convert the Grayscale Digital Large Cap Fund (GDLC) into an ETF. GDLC currently holds about 77% BTC and 17% ETH, with SOL, XRP and AVAX making up the rest of its holdings, and the SEC is now seeking public comment on the matter.

In previous news, Grayscale filed a petition with the U.S. SEC to convert its hybrid crypto fund, Digital Large Cap Fund (GDLC), into an ETF.

pto fund, Digital Large Cap Fund (GDLC), into an ETF.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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