Grayscale ETF Conversion Frozen by SEC After Brief Approval

Grayscale ETF Conversion Frozen by SEC After Brief Approval

The SEC has stayed its own approval of Grayscale’s ETF conversion just a day after greenlighting the move, triggering an indefinite review.

Altcoin ETF Basket by Grayscale Delayed in Controversial SEC Move

The U.S. Securities and Exchange Commission (SEC) has hit pause on Grayscale Investments’ application to convert its Digital Large Cap Fund (GDLC) into a spot exchange-traded fund, only a day after greenlighting it. The abrupt stay has thrown cold water on immediate trading plans and created some uncertainty about the anticipated expansion of crypto-based exchange-traded products. First Approval, Then Sudden Stop Acting under delegated authority…

SEC Freezes Grayscale’s Large-Cap ETF Conversion One Day After Initial Approval - FinanceFeeds

The U.S. Securities and Exchange Commission (SEC) has unexpectedly halted the conversion of Grayscale’s Digital Large Cap Fund (GDLC) into an exchange-traded fund (ETF), just 24 hours after it received staff-level approval. The reversal, enacted under Rule 431, signals a more cautious stance by the regulator toward crypto products that bundle multiple digital assets, especially those beyond Bitcoin and Ethereum. Grayscale’s GDLC fund aims to pro…

SEC Delays Approval of Grayscale’s Bitcoin-Dominant Digital Large Cap Fund ETF Conversion

The U.S. Securities and Exchange Commission (SEC) has temporarily halted the approval process for Grayscale’s Digital Large Cap Fund to list as a spot exchange-traded fund (ETF) on NYSE Arca,

Grayscale's large-cap ETF conversion in limbo as SEC halts approval

The U.S. Securities and Exchange Commission (SEC) has put a hold on the approval allowing Grayscale’s Digital Large Cap Fund to list as a spot exchange-traded fund (ETF) on NYSE Arca, pending further review. In a letter dated July 2,…