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.