Grayscale Seeks SEC Approval to Convert One of Their Crypto Funds into an ETF
Grayscale Investments is making headlines once again with their latest filing to the U.S. Securities and Exchange Commission (SEC).
Grayscale Investments is seeking to transform its Digital Large Cap Fund, which comprises Bitcoin ( BTC ), Ethereum ( ETH ), Solana ( SOL ), XRP , and Avalanche ( AVAX ), into an exchange-traded fund (ETF).
READ MORE:
Ripple Partners with Leading Exchanges to Launch RLUSD StablecoinAccording to the WSJ , the New York Stock Exchange has submitted a request to the U.S. Securities and Exchange Commission (SEC) on Grayscale’s behalf, filing a 19b-4 form to obtain approval for the conversion.
Earlier this year, Grayscale successfully converted its Bitcoin Trust and Ethereum Trust into spot ETFs after receiving SEC approval for both products in the United States.
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.
You may also like
CandyBomb x LIVE: Trade futures to share 500,000 LIVE!
New spot margin trading pair — CAMP/USDT!
Announcement on Bitget listing MSTR, COIN, HOOD, DFDV RWA Index perpetual futures
Bitget to support loan and margin functions for select assets in unified account
Trending news
MoreCrypto prices
More
