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：创业研究)

• ·比特币最低的价格
• ·采集比特币行情
• ·损益结转是按月结转还是按年
• ·农业银行收盘涨0.42%，主力资金净流入3434.05万元
• ·比特币单日新增34.4万钱包，价格逼近10.4万美元创9个月新高
• ·怎样注册以太币钱包-怎样注册以太币钱包账号
• ·冬天什么时候生暖气-冬天什么时候来暖气
• ·会计年度中非均匀费用的确认与计量原则是什么？
• ·有人知道360借条第二次借款失败的原因是什么吗？
• ·氢能源概念31日主力净流出21.61亿元，宗申动力、上海电气居前
• ·宜人贷普通模式需要线下审核吗，申请过的人能说一下吗？
• ·meme币钱包官网 meme币最新版下载官方app苹果手机怎么下载
• ·Bitfinex report: Market volatility will intensify, Bitcoin is expected to hit new highs after US election
• ·抵押车可以买保险吗？在2019年有什么特殊规定吗？
• ·土耳其8月穿什么衣服
• ·温哥华十一月份穿什么-温哥华十一月份穿什么衣服