The ETF Store President: Index-based cryptocurrency ETFs are expected to be approved by the end of the year
Nate Geraci, President of The ETF Store, stated on social media that Grayscale has submitted an S-3 form, planning to register its Grayscale Digital Large Cap Fund as an Exchange Traded Fund (ETF). It holds BTC, ETH, XRP, SOL, and ADA. The New York Stock Exchange has previously submitted a 19b-4 application to list and trade this ETF. Still, it is believed that index-based cryptocurrency ETFs will be approved by the end of the year (if not earlier).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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