Grayscale Seeks Approval for Bitcoin and Ethereum-Based Crypto ETF

Grayscale Investments has submitted a landmark filing with the U.S. Securities and Exchange Commission (SEC) aiming to convert its Digital Large Cap Fund into an publicly traded exchange-traded fund (ETF). This move would significantly broaden investor access to a diversified basket of leading cryptocurrencies, including Bitcoin, Ethereum, XRP, Solana, and Cardano. If approved, this will mark a significant milestone for the growing world of cryptocurrency ETFs.