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：财经专题)

• ·股票质押定价-股票质押定价方法
• ·Arthur Hayes 预测山寨币季即将到来：比特币突破关键点将引发市场轮动
• ·以太坊巨鲸在价格飙升49%后成功套现2373万美元
• ·币网格交易软件-币圈网格交易软件
• ·带着什么祝福什么东西
• ·服务器属于固定资产还是无形资产
• ·liquid币现在价格
• ·im钱包没有usdt-im钱包没有助记词怎么登陆
• ·anedc股票
• ·鱼池挖矿怎么收费 鱼池挖矿怎么收费的
• ·芜湖什么枣叫什么牌子
• ·弥补亏损后的应纳税所得额怎么算
• ·Elden Ring宣布将改编为真人电影 粉丝热议期待
• ·宜人贷贷款条件和下款速度有人了解吗，我要用宜人贷来贷款
• ·市场反弹之际，顶级交易员以 25 倍杠杆押注 6000 万美元于以太坊
• ·heco交易所