Grayscale Digital Large Cap Fund gets SEC nod to convert into spot crypto ETF
2025-07-01 19:32:43
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
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