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by: xpoolPosted on: April 2, 2025

Grayscale Seeks Approval to Transform Crypto Fund into ETF

Grayscale Investments has officially submitted an S-3 form to the SEC for converting its $600 million Digital Large Cap Fund into an Exchange-Traded Fund (ETF). This move aims to make crypto access easier for individual investors, potentially opening up the market for wider participation beyond accredited investors. The ETF would hold Bitcoin, Ethereum, XRP, Solana, and Cardano.

Related posts:

  1. Fidelity’s Solana ETF Bid Signals Major Advancement for Crypto Investing
  2. US House Approves Bill To Regulate Stablecoins
  3. Bitcoin Spot ETFs Experience Significant Inflows and Outflows
  4. Bitcoin ETF Inflows Surge Amidst Market Turmoil
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