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：货币)

• ·有人知道360借条利息是多少吗？高吗？
• ·人人贷有额度怎么提现？现在提现的上限是多少啊？
• ·zeus币行情
• ·农业银行(01288.HK)：张旭光辞去执行董事、副行长职务
• ·国际比特币价格
• ·怎么查国外的天气-怎么查国外的天气预报
• ·人人贷额度怎么提升？我的借款额度太低了。
• ·德阳公积金提取条件
• ·AI世界有两个「有效利他主义Sam」，一个在行业享受聚光灯、一个在监狱卖飞独角兽
• ·请问如何注销苏宁任性付？我想注销苏宁任性付。
• ·Ripple与SEC达成5000万美元和解协议，XRP当日上涨9%
• ·虚拟货币交易所芝麻交易所app最新下载-芝麻交易所DEX交易v6.8.9官网下载
• ·pi币行情
• ·盈方微：股票交易异常波动，触发深交所相关规定
• ·GRN币行情
• ·国寿保险是什么意思？详细解读一下好吗？