According to ChainCatcher, Nate Geraci, CEO of ETF Store and a leading U.S. ETF expert, tweeted: "The final review deadline for the Grayscale Digital Large Cap Fund (GDLC) ETF conversion application by the U.S. Securities and Exchange Commission (SEC) is this week. The ETF is 'highly likely' to be approved."
This ETF covers BTC, ETH, XRP, SOL, and ADA. Subsequently, the approval process for spot ETFs of several other altcoins will also proceed in succession."