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:游戏)
- ·dogwifhat:鲸鱼增多,散户衰退——你应该买入 WIF 的低价股吗?
- ·在建工程核算的内容有哪些
- ·基金股票上折-基金股票上折价怎么算
- ·微软放大招,甩开OpenAI?打造自有AI帝国,企业客户买账了!
- ·XRP 现已成为新加坡人最持股的资产之一:独立储备报告
- ·个体经商户怎么进行纳税申报
- ·国信股票开户
- ·漠河有什么什么之称
- ·ETH鲸鱼清仓亏损142万美元,市场情绪受影响
- ·法定公积金弥补亏损如何操作
- ·RATS币在哪买?怎么买?RATS币购买教程详解
- ·元宝帀价格
- ·应收账款的利息如何账务处理
- ·火币网卖出
- ·手机办理股票开户-手机办理股票开户流程
- ·结转完工入库产品成本的会计分录怎么做
- · okx官方
- · okb交易所官网
- · 欧易最新版本
- · okx交易所app官网
- · 亿欧app下载
- · 亿欧交易所下载
- · 虚拟货币交易平台排名
- · 数字货币交易app
- · okx网页版