CoinsAQ
All news

CoinsAQ summary · neutral

Spot Ripple (XRP) ETF Coming Up Next? SEC Approves Grayscale’s Multi-Crypto ETF

What happened

The U.S. Securities and Exchange Commission (SEC) has approved Grayscale Investments’ application to convert its Digital Large Cap Fund (GDLC) into a spot exchange-traded fund (ETF). The move will see GDLC become a publicly traded ETF offering exposure to several crypto assets.

Related asset context

Not financial advice. News and sentiment can be incomplete, delayed, or change quickly.