SEC Approves Grayscale Conversion, New Multi-Asset Crypto ETF
28 Articles
28 Articles
SEC Halts Conversion Of Grayscale ETF With BTC, ETH, SOL, XRP, ADA - Data Intelligence
The U.S. Securities and Exchange Commission’s leaders are reviewing the agency’s recent approval of a Grayscale effort to convert a fund into an exchange-traded fund The SEC allowed Grayscale to uplist the Digital Large Cap Fund , Ethereum , XRP , Solana and Cardano , into an ETF through delegated authority — meaning the SEC’s commissioners did not vote to approve the conversion, but rather agency staff gave the sign-off. “This letter is to noti…
Breaking: SEC Approves Grayscale's Move to Convert Crypto Fund into ETF News ETHNews
The SEC has given its accelerated approval for Grayscale’s Digital Large Cap Fund to become a spot ETF. This marks the first time a multi-asset crypto fund has transitioned from a private fund to a publicly traded exchange-traded fund. This approval is a big step for the world of cryptocurrency investments. It means more people will now have an easier way to invest in a wide range of major cryptocurrencies through a familiar investment product. …
Big News for XRP Holders
In a defining moment for crypto adoption, XRP is now officially accessible to everyday investors through a regulated U.S. investment vehicle. On July 1, 2025, the SEC approved the conversion of Grayscale’s Digital Large Cap Fund (GDLC) into a spot exchange-traded fund (ETF), opening the door for broad retail access to XRP, alongside Bitcoin, Ethereum, Solana, and Cardano. The news, highlighted by Nate Geraci, president of the ETF Store was haile…
Spot Ripple (XRP) ETF Coming Up Next? SEC Approves Grayscale’s Multi-Crypto ETF – MAXBIT
The U.S. Securities and Exchange Commission (SEC) has approved Grayscale Investments’ application to convert its Digital Large Cap Fund (GDLC) into a spot exchange-traded fund (ETF). The move will see GDLC become a publicly traded ETF offering exposure to several crypto assets within a single structure. Optimism for Altcoin ETFs The GDLC fund currently includes...
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