BITPRISMIA
The SEC has halted the conversion of Grayscale’s Digital Large Cap Fund (GDLC) into an ETF, pausing its listing on NYSE Arca due to regulatory review, particularly concerning its inclusion of XRP, Solana, and Cardano.
The SEC is likely to approve Grayscale Investments' bid to convert its $760 million Digital Large Cap Fund (GDLC) into an ETF, which includes Bitcoin, Ethereum, XRP, Solana, and Cardano, with a decision deadline set for July 2.