Grayscale Seeks Approval for Bitcoin and Ethereum ETF Conversion

Grayscale Investments has taken a significant step towards democratizing access to cryptocurrency investments by filing an S-3 registration statement with the U.S. Securities and Exchange Commission (SEC) for the conversion of its existing Digital Large Cap Fund into an exchange-traded fund (ETF). If approved, this change will allow individual investors greater exposure to a diversified basket of top cryptocurrencies like Bitcoin, Ethereum, XRP, Solana, and Cardano. }