News with the tag "Scale"

The U.S. Securities and Exchange Commission likely halted the launch of the Grayscale Digital Large Cap Fund (GDLC) for administrative reasons, not political ones, multiple individuals familiar with the matter told CoinDesk. The SEC approved GDLC to uplist as an exchange-traded fund (ETF) on Tuesday...

REX-Osprey’s Solana ETF launched on July 2, with SOL now the third crypto asset to have a spot ETF in the US after Bitcoin and Ethereum. Bloomberg analysts Eric Balchunas and James Seyffart have now suggested that an XRP ETF could be the next to launch. XRP ETF Next As Solana ETF Goes Live In an X p...

The US SEC has abruptly frozen the approval of the Grayscale Digital Large Cap Fund’s conversion into an exchange-traded fund, halting its launch just a day after the green light was given. On July 1, the SEC’s Division of Trading and Markets approved the NYSE Arca’s proposal to list and trade share...

The U.S. Securities and Exchange Commission (SEC) approved the conversion of Grayscale’s Digital Large Cap Fund (GLDC) into an exchange-traded fund (ETF) on Tuesday, but further details have emerged suggesting the conversion won’t happen right away. The $755 million fund, launched in 2018, holds bit...

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 (ETF), a letter dated July 1 said. The SEC allowed Grayscale to uplist the Digital Large Cap Fund (GDLC), which holds $755 million in ...

The U.S. Securities and Exchange Commission has approved Grayscale’s request to convert its Digital Large Cap Fund into a spot exchange-traded fund. According to a July 1 SEC filing , approval allows the fund to list and trade on NYSE Arca, marking its transition from a private trust into a fully re...

BitcoinWorld Grayscale ETF Triumph: SEC Approves Digital Large Cap Fund Conversion A monumental shift is underway in the world of digital asset investing! The U.S. Securities and Exchange Commission (SEC) has officially given its nod to Grayscale’s request to transform its highly anticipated Graysca...

The SEC has approved NYSE Arca’s listing of a Grayscale large-cap fund holding bitcoin, ether, solana, XRP, and cardano, expanding regulated access to leading digital assets. SEC Approves Rule Change for Grayscale Crypto Fund Listing on NYSE Arca The U.S. Securities and Exchange Commission (SEC) on ...

The United States Securities and Exchange Commission (SEC) has officially approved the conversion of the Grayscale Digital Large Cap Fund into an Exchange-Traded Fund (ETF). This significant regulatory decision allows the fund to be publicly traded on traditional financial markets while offering exp...

Key Takeaways: The SEC has approved Grayscale’s request to convert its Digital Large Cap Fund (GDLC) into a spot ETF. GDLC holds Bitcoin, Ethereum, XRP, Solana, and Cardano, with BTC and ETH comprising over 91% of the portfolio. The conversion introduces one of the first SEC-approved multi-asset cry...