The US SEC has officially confirmed receipt of an application to convert the GDLC to an ETF
Crypto 7x24
2024-10-31 12:16:48
2.58W
According to online reports, Nate Geraci, president of The ETF Store, issued a document saying that the U.S. Securities and Exchange Commission has officially confirmed the application to convert the Grayscale Digital Large Cap Fund (GDLC) into an ETF. The GDLC holds approximately 77% of Bitcoin, 17% of Ethereum, and the rest are Sol, XRP and AVAX. The U.S. SEC is soliciting public opinions and the decision-making time begins.
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