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：汇率)

• ·怎么选比特犬
• ·想请问申请玖富万卡的流程是什么呢？
• ·2015比特币今日价格
• ·请问360借条的利息和银行相比怎么样？
• ·元宝币交易软件下载
• ·数字货币交易平台排行榜_虚拟币交易平台ap
• ·怎么挖以太坊
• ·PA日报｜MicroStrategy计划筹集420亿美元购买更多比特币；Meta元宇宙部门Q3亏损44亿美元
• ·股票账户转移-股票账户转移到他人名下
• ·为什么采矿
• ·菲律宾怎么购买btc 菲律宾怎么购买电话卡
• ·厦门公积金电话查询
• ·okcoin行情api开发
• ·eth挖出多少才会支付
• ·比特币现在怎么样了
• ·Flipster成为Talon Dota 2官方加密交易所合作伙伴，开启电子竞技粉丝互动新时代