The U.S. SEC has suspended plans to convert gray scale digital market funds into ETFs and will further review them."

Crypto 7x24

2025-07-03 06:20:23

7992

Internet reports that the U.S. Securities and Exchange Commission (SEC) has suspended plans to convert Grayscale's Digital Large Cap Fund into an exchange-traded fund (ETF) and placed it under further review. The fund was originally planned to be listed on the New York Stock Exchange's Arca platform and become a spot ETF covering multiple assets, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Ripple (XRP) and Cardano (ADA).

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