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：商业观察)

• ·fil币行情分析
• ·数字货币都有什么
• ·应交税金里面的其他收入是指什么
• ·人人贷激活额度必须有微粒贷吗？没有这个可不可以激活啊？
• ·碳酸锂分析：碳酸锂价格持续走低，市场等待的催化剂究竟在何方？
• ·上海公积金提取手续费-上海公积金提取手续费多少
• ·btc支付平台-btc支付系统
• ·比特币的历史价格
• ·kmd币未来价格-kmd币未来潜力
• ·苏宁任性付怎么冻结？我想冻结苏宁任性付。
• ·柴犬币：100美元投资如何在5年内飙升至近200万美元？到2030年能否再现辉煌？
• ·宜人贷极速模式审核多久，有人申请过了解的吗？
• ·随着比特币价格创下新高，Metaplanet 也创下历史新高
• ·黑交易所
• ·卡尔达诺在 0.84 美元处受阻：跌幅会进一步扩大至 0.72 美元吗？
• ·风险投资锐减 70% 后，加密行业进入并购季：买现成还是自己建？