The US SEC has suspended Grayscale's plan to convert its Digital Large Cap Fund into an ETF and will conduct further review
2025/07/02 20:14According to ChainCatcher, as reported by CoinDesk, the U.S. Securities and Exchange Commission (SEC) has suspended Grayscale’s plan to convert its Digital Large Cap Fund into an exchange-traded fund (ETF) and has placed it under further review.
The fund was originally intended to be listed on the NYSE Arca platform as a spot ETF covering multiple assets, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, and Cardano (ADA).
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.
You may also like
CoinShares withdraws ETF applications for XRP, Solana, and Litecoin
Yearn yETH attacked, approximately $3 million worth of ETH flows into Tornado Cash
The on-chain holdings value of US spot Bitcoin ETFs has reached $150 billions.
El Salvador holds 7,485 bitcoins
Trending news
MoreCrypto prices
More
