NYSE Arca recently submitted an application to the US Securities and Exchange Commission (SEC) to go public and open trading of a grey scale cryptocurrency index fund, which will include multiple cryptocurrencies, marking an important step in the expansion of digital asset institution investment.

Grayscale DLCF applies for ETF transformation

Grayscale Digital Large Cap Fund is a cryptocurrency index investment fund established in 2018, which includes popular cryptocurrencies such as Bitcoin, Ethereum, Solana, etc. If approved, Grayscale's digital cap fund will provide investors with a diversified portfolio of digital assets, with a highlight in tracking the CoinDesk Large Cap Select Index, which includes five different digital assets and offers a wider range of choices for investors seeking to surpass Bitcoin and Ethereum. At present, the fund manages assets of approximately $565 million.

Grayscale initially applied to convert the fund into an ETF on October 16th, and recently the SEC has officially announced the application and solicited opinions from the public. Nate Geraci, President of The ETF Store, commented:

The US Securities and Exchange Commission (SEC) has officially recognized the application to convert the Grayscale Digital Large Cap Fund into an ETF, with GDLC holding approximately 77% BTC, 17% ETH, and the remaining portion being SOL, XRP, and AVAX. The US Securities and Exchange Commission is currently soliciting public opinion and the ruling clock is ticking

Potential competitors

Grayscale's competitors include Hashdex and Franklin Templeton, both of which have also submitted applications for cryptocurrency index ETFs, but their focus initially only focused on Bitcoin and Ethereum.

In addition, VanEck, 21Shares, and Canary Capital have submitted multiple applications to list spot ETFs linked to Solana, XRP, and Litecoin.

Industry analysts point out that the upcoming US presidential election results may have a significant impact on the regulatory environment for cryptocurrency ETFs.

Eric Balchunas, a Bloomberg ETF analyst, recently commented that if former President Donald Trump wins the election, the SEC may take a more supportive stance for cryptocurrencies, which may accelerate the approval process of ETFs containing multiple crypto assets.

(责任编辑：基金工具)

• ·澳洲交易所
• ·以太坊最终价格
• ·算力交易所
• ·上海公积金租房条件-上海公积金租房条件和提取流程
• ·当MBTI遇上区块链：你的性格能否助你赚大钱？
• ·10月31日财通资管稳兴增益六个月持有期混合A净值增长0.22%，今年来累计上涨2.7%
• ·什么是重放攻击
• ·比特币好用的买卖交易平台有哪些？全球十大最好的比特币交易app
• ·及贷多久出额度？想要了解一下。
• ·10月31日招商丰利灵活配置混合C净值增长1.32%，近3个月累计上涨16.05%
• ·税收和税务有什么区别
• ·达世币价格多少
• ·The memento craze will end after Trump wins the election! Which side do you stand on regarding the positive and negative arguments?
• ·10月31日汇添富民营新动力股票净值增长0.78%，近3个月累计上涨15.24%
• ·有人知道360借条黑户可以申请借款吗？
• ·温州pi币商城-温州地区接受Pi Network (PI)支付的商城