The SEC officially recognizes the ETF conversion application of the Grayscale "Digital Large Cap Fund", with investment portfolios covering currencies such as SOL and XRP
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:市场数据)
- · 加密货币交易所
- · 数字货币交易平台app
- · 虚拟货币交易平台有哪些
- · 虚拟货币交易平台排名
- · 十大虚拟货币交易平台app
- · 数字货币交易app
- · 虚拟货币交易平台排名
- · 全球三大虚拟货币交易平台
- · okx官方
- · 数字货币交易所
- ·火币赚币活期产品再升级:13款主流资产获加息补贴,提升收益机会
- ·主动权益新基金建仓众生相:多位知名基金经理踏空?也有产品成立不足两月大涨近40%
- ·Tether Gold (XAUT)购买指南及交易所推荐
- ·安卓哪里下载meme币交易所 meme币交易所App官方
- ·特朗普媒体科技集团股票暴涨超四倍,谁是最大受益者?
- ·10月31日摩根沃享远见一年持有期混合C净值增长0.45%,今年来累计上涨17.82%
- ·对话 Bombie COO: 从 Social + Game 到 Play + Earn,Web3 游戏的破圈方法论
- ·比特币价格今日上涨:利率预期、机构需求与贸易乐观情绪推动市场
- ·币圈全球九大交易所排名 虚拟货币比特币交易平台有什么
- ·币安交易所