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)

• ·数字资产交易所
• ·保险停了两年会自动退保吗？
• ·苏宁任性付分期逾期有什么后果？我在苏宁任性付分期了。
• ·江苏神通：实际控制人承诺特定发行期间不减持
• ·大选仅剩一周，「特朗普」交易席卷加密市场
• ·Moonfir Vnturs 旗下 Fund II 完成 1.15 亿美元募资，将投资 AI、Wb3 等领域
• ·增值税专票自开和代开有什么区别
• ·*ST花王第二大股东吴群减持406.84万股
• ·FTX bankruptcy consortium sues KuCoin exchange, seeking to recover over $50 million in assets
• ·理邦仪器接待27家机构调研，包括东吴证券、西南证券、太平洋证券等
• ·人人贷在哪提现？有提现的金额限制吗？
• ·挖矿如何挖
• ·什么看数字货币
• ·10月31日汇添富自主核心科技一年持有混合A净值增长0.93%，近6个月累计上涨20.62%
• ·2010比特币价格
• ·buck币行情