The SEC officially recognizes the ETF conversion application of the Grayscale "Digital Large Cap Fund", with investment portfolios covering currencies such as SOL and XRP
NYSE Arca recently submitted an application to the US Securities and Exchange Commission (SEC) to go public and open trading of a grey scale cryptocurrency index fund, which will include multiple cryptocurrencies, marking an important step in the expansion of digital asset institution investment.
Grayscale DLCF applies for ETF transformation
Grayscale Digital Large Cap Fund is a cryptocurrency index investment fund established in 2018, which includes popular cryptocurrencies such as Bitcoin, Ethereum, Solana, etc. If approved, Grayscale's digital cap fund will provide investors with a diversified portfolio of digital assets, with a highlight in tracking the CoinDesk Large Cap Select Index, which includes five different digital assets and offers a wider range of choices for investors seeking to surpass Bitcoin and Ethereum. At present, the fund manages assets of approximately $565 million.
Grayscale initially applied to convert the fund into an ETF on October 16th, and recently the SEC has officially announced the application and solicited opinions from the public. Nate Geraci, President of The ETF Store, commented:
The US Securities and Exchange Commission (SEC) has officially recognized the application to convert the Grayscale Digital Large Cap Fund into an ETF, with GDLC holding approximately 77% BTC, 17% ETH, and the remaining portion being SOL, XRP, and AVAX. The US Securities and Exchange Commission is currently soliciting public opinion and the ruling clock is ticking
Potential competitors
Grayscale's competitors include Hashdex and Franklin Templeton, both of which have also submitted applications for cryptocurrency index ETFs, but their focus initially only focused on Bitcoin and Ethereum.
In addition, VanEck, 21Shares, and Canary Capital have submitted multiple applications to list spot ETFs linked to Solana, XRP, and Litecoin.
Industry analysts point out that the upcoming US presidential election results may have a significant impact on the regulatory environment for cryptocurrency ETFs.
Eric Balchunas, a Bloomberg ETF analyst, recently commented that if former President Donald Trump wins the election, the SEC may take a more supportive stance for cryptocurrencies, which may accelerate the approval process of ETFs containing multiple crypto assets.
(责任编辑:基金专题)
- ·2013年比特币的价格
- ·蓝箭电子收盘涨2.56%,主力资金净流入2024.17万元
- ·哪个平台玩永续合约好?盘点十大永续合约交易平台
- ·宝贝狗币最新消息-Baby Doge Coin (BABYDOGE)的最新资讯
- ·9月27日什么天气-9月27日什么天气啊
- ·均普智能(688306.SH):累计回购0.14%股份
- ·管理费用发生额是负数怎么办
- ·轨道交通是什么
- ·跨年费用如何做分录
- ·门罗钱包异常偏移-门罗钱包异常偏移怎么办
- ·硬分叉是什么意思
- ·大智慧收盘涨5.84%,主力资金净流入1.08亿元
- ·劳务派遣公司税负率是多少
- ·比特币在1月份仅上涨0.6%
- ·比特幣價格逼近歷史高點,貝萊德 IBIT 基金成交額創六個月新高
- ·数字经济概念31日主力净流出78.94亿元,中国长城、四川长虹居前
- · 十大虚拟货币交易平台app
- · okx官方
- · 虚拟货币交易平台排名
- · 加密货币交易所
- · 数字货币交易所
- · 全球三大虚拟货币交易平台
- · 虚拟货币交易平台排名
- · 数字货币交易平台app
- · 数字货币交易app
- · 虚拟货币交易