The Securities and Exchange Commission (SEC) has granted approval to Grayscale’s Digital Large Cap Fund (GDLC), a significant development marking the debut of XRP within a U.S.-listed spot cryptocurrency exchange-traded fund (ETF). GDLC becomes the first U.S. spot crypto ETF… Read More »SEC Approves Grayscale ETF Including XRP, Signaling Broader Crypto Investment Acceptance
The U.S. Securities and Exchange Commission (SEC) has expedited regulatory authorization for Grayscale Investments to transition its Digital Large Cap Fund into a spot exchange-traded fund (ETF). This landmark decision transforms the previously over-the-counter (OTC) traded product into an exchange-listed… Read More »SEC Accelerates Approval for Grayscale’s Digital Large Cap Fund to Convert to Spot ETF
The U.S. Securities and Exchange Commission (SEC) has approved Grayscale’s Digital Large Cap Fund to convert into a spot exchange-traded fund (ETF) listed on NYSE Arca. The fund will track the CoinDesk 5 Index, providing diversified exposure to Bitcoin (BTC),… Read More »SEC Approves Grayscale’s Multi-Asset Spot ETF for NYSE Arca Listing
The U.S. Securities and Exchange Commission (SEC) has approved Grayscale’s diversified cryptocurrency exchange-traded fund (ETF), marking a potential regulatory shift toward altcoin-focused investment products. The novel ETF provides investors with a regulated vehicle for broad crypto exposure while bypassing complexities… Read More »SEC Approves Grayscale Multi-Asset Crypto ETF Signaling Regulatory Shift Toward Altcoins
The U.S. Securities and Exchange Commission has authorized Grayscale Investments to convert a cryptocurrency index fund into an exchange-traded fund (ETF). This landmark decision provides regulated exposure to a diversified portfolio of major digital assets including Bitcoin (BTC), Ethereum (ETH),… Read More »SEC Approves Grayscale’s Conversion to Crypto Index ETF with Major Digital Assets
Trump Media and Technology Group Corp has taken steps to introduce a novel exchange-traded fund (ETF) offering exposure to the two largest cryptocurrencies. The company submitted a Form 19b-4 to the U.S. Securities and Exchange Commission seeking approval to list… Read More »Trump Media Files with SEC for Dual-Cryptocurrency ETF on NYSE Arca
Institutional investors withdrew $28.2 million from XRP last week, reflecting heightened market caution as regulatory uncertainty persists alongside speculation about potential SEC approval for a spot exchange-traded fund (ETF). The significant outflows underscore investor hesitancy in balancing regulatory risks against… Read More »XRP Records $28.2M Institutional Outflows Amid Regulatory Uncertainty and ETF Speculation