BITPRISMIA
Grayscale plans to petition the SEC to lift the stay on its Digital Large Cap Fund (GDLC) ETF listing, following the SEC's decision to delay the approval for further review.
Grayscale received SEC approval to convert its Digital Large Cap Fund into a spot crypto exchange-traded fund, with the fund primarily focused on bitcoin.
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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.