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:新股)
- ·货币钱包usdt转账-货币钱包usdt怎么转成人民币
- ·10月31日宏利新能源股票C净值增长1.41%,近3个月累计上涨12.85%
- ·小赢卡贷逾期两个月,一般会有什么后果啊?
- ·10月31日国联价值成长6个月持有混合C净值下跌0.17%,近1个月累计上涨0.52%
- ·揭秘:特朗普家族如何靠「自家稳定币」从中东加密巨额交易中分羹?
- ·10月31日平安价值领航混合C净值下跌0.63%,近1个月累计下跌4.02%
- ·Tether 第三季度净利润达 25 亿美元,持有超 1000 亿美元的美国国债
- ·天岳先进收盘涨1.01%,主力资金净流出2742.78万元
- ·有待抵扣税没有库存怎么办
- ·10月31日永赢惠添盈一年持有混合净值下跌0.22%,近1个月累计下跌2.72%
- ·比克币今日价格
- ·10月31日国投瑞银竞争优势混合A净值下跌0.83%,近1个月累计下跌3.63%
- ·隶属企业是指总公司还是分公司
- ·派币什么时候上市-Pi Network或Pai Coin的上市时间
- ·美国稳定币法案遭拒,监管遇冷会影响山寨季重启吗?
- ·10月31日前海开源公共卫生股票A净值下跌1.81%,今年来累计下跌19.47%
- · 虚拟货币交易平台有哪些
- · 全球三大虚拟货币交易平台
- · 虚拟货币交易平台排名
- · 数字货币交易app
- · 数字货币交易所
- · okx网页版
- · 虚拟货币交易
- · 加密货币交易所
- · okx官方
- · 虚拟货币交易平台排名