Grayscale Digital Large Cap Fund gets SEC nod to convert into spot crypto ETF
Main Idea
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.
Key Points
1. Grayscale's Digital Large Cap Fund (GDLC) received SEC approval for conversion into a spot crypto ETF.
2. The revamped fund is heavily weighted toward bitcoin (BTC-USD).
Description
More on Grayscale Digital Large Cap Fund GDLC Is A Sell Ahead Of Its Imminent, Likely Conversion To An ETF GDLC: More Than 80% Bitcoin Seeking Alpha’s Quant Rating on Grayscale Digital Large Cap Fund
$QNT
$106.06
-2.52%
$BTC
$114684.7
-0.79%
Latest News
- Crypto short interest sees mixed response in July2025-08-15 15:13:53
- DeFi Dev purchases $22M SOL, grows treasury to 1.42M SOL2025-08-15 14:15:29
- Hong Kong securities watchdog sets new custody rules for crypto exchanges2025-08-15 13:54:01
- ETHZilla (180 Life Sciences) Pivots To Ethereum Treasury Strategy2025-08-15 13:17:29
- Circle prices 10M share public offering at $130 each2025-08-15 07:19:45