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:经济数据)
-
鼎及贷只有450的额度怎么破?想要获得更多的额度有什么办法吗。
虽然他才17岁,可也应该为自己的行为负责。...[详细]
-
3月初,澎湃新闻记者在旧金山市区的街头没有看到小蓝单车的踪影。...[详细]
-
99%的人是给1%的人打工的,这其中总会有人出去想试试,大部分又会失败,回去赚工资的,这是个流动的过程。...[详细]
-
10月31日建信鑫利灵活配置混合A净值下跌0.45%,近1个月累计上涨0.31%
你们团队最早建立了非常庞大的投后团队。...[详细]
-
document.writeln('关注创业、电商、站长,扫描A5创业网微信二维码,定期抽大奖。...[详细]
-
10月31日鹏华睿投混合C净值增长0.96%,近3个月累计上涨19.38%
但他们显著地消耗了创业世界中的注意力,而将一元成功论凌驾于所有的成功范式之上。...[详细]
-
黎万强是如此形容雷军和自己的关系,“老师加兄弟”。...[详细]
-
10月31日富国碳中和混合C净值下跌0.29%,今年来累计下跌4.26%
为了节省文字,你也应该尝试使用URL缩写服务,比如t.co或者goo.gl或bit.ly。...[详细]
-
8个月后,亚信用自己的50万美元回购了股份。...[详细]
-
据北京商报报道,德邦物流发内部邮件遴选快递员参加上市敲钟。...[详细]