The US SEC has suspended Grayscale's plan to convert its Digital Large Cap Fund into an ETF and will conduct further review
2025/07/02 20:14According to ChainCatcher, as reported by CoinDesk, the U.S. Securities and Exchange Commission (SEC) has suspended Grayscale’s plan to convert its Digital Large Cap Fund into an exchange-traded fund (ETF) and has placed it under further review.
The fund was originally intended to be listed on the NYSE Arca platform as a spot ETF covering multiple assets, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, and Cardano (ADA).
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