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 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.
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
"Hardcore Bearish Whale" Reduces Short Position by 20 BTC, Worth $1.74 Million
Analyst: Current BTC concentration is 11%, probability of significant short-term price fluctuations is low
Yesterday, Bitcoin ETF saw a net outflow of $277 million.
Trending news
MoreCrypto prices
More
