SEC approves Grayscale's multi-crypto fund with XRP, SOL and ADA

First US Multi Crypto ETP Gets SEC Green Light Under New Rules

The US Securities and Exchange Commission approved Grayscale's Digital Large Cap Fund for listing as an exchange-traded product on Wednesday. According to Cointelegraph, the fund becomes the first multi-asset cryptocurrency ETP in the United States. The product offers exposure to Bitcoin, Ethereum, XRP, Solana, and Cardano through a single investment vehicle.The approval came under new generic listing standards designed to speed up the review pr…

LATEST: SEC Approves Grayscale Large Cap Fund Enabling Bitcoin and Crypto Trading

Grayscale’s Digital Large-Cap Fund (GDLC) has officially been cleared for trading under the U.S. Securities and Exchange Commission’s (SEC) general listing standards for exchange-traded funds (ETFs). The approval marks another milestone in the integration of cryptocurrencies into mainstream financial markets. CEO Peter Mintzberg announced the development on September 18 via X, confirming that the GDLC’s application to transition into an ETF had …

Grayscale's GDLC Fund Holding SOL and ADA Gets SEC Nod for NYSE Debut

Grayscale Digital Large Cap Fund (GDLC) gets greenlight to list and trade by the U.S. Securities and Exchange Commission (SEC). The fund holding Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA) was approved a few months ago, but the commission held back its listing. Grayscale’s GDLC With SOL and ADA to List on The post Grayscale’s GDLC Fund Holding SOL and ADA Gets SEC Nod for NYSE Debut appeared first on CoinGape.

Grayscale Wins Major SEC Approval for XRP

A significant development in the digital asset sector emerged this week when the U.S. Securities and Exchange Commission (SEC) approved the Grayscale Digital Large Cap Fund (GDLC) for trading under the new Generic Listing Standards. In a post on X, Grayscale CEO Peter Mintzberg stated that the fund “was just approved for trading along with the Generic Listing Standards.” The approval allows Grayscale to move forward with what it describes as the…

SEC approves Grayscale's multi-crypto fund with XRP, SOL and ADA

The U.S. Securities and Exchange Commission has approved Grayscale's multi-crypto asset exchange-traded product, amid the agency's broader effort to …