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：游戏)

• ·数字币eos价格
• ·工业总产值是指什么
• ·企业所得税年报资产折旧怎么填
• ·比特币勒索软件进展
• ·Bitfinex分析：现货需求与机构采用推动加密市场走强
• ·暗杀风波未平，特朗普的加密项目被疑触碰监管「红线」
• ·不可错失的比特币超额收益机会
• ·社保投资股票
• ·土地增值税预征的计税依据是什么
• ·已认证抵扣的票要退回怎么办
• ·火币网不能提现
• ·潘俊 股票
• ·个人所得税劳务报酬怎么填
• ·比特币勒索软件进展
• ·主营业务收入借贷方向表示什么
• ·Solana 生态系统详解：从融资历史到技术机制的全景分析