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)

• ·网贷读秒怎么样，审核一般要多久的时间？
• ·SLN是什么币？怎么购买SLN币？SLN币官网总量和币种概念介绍
• ·好申请的手机贷款软件有哪些？申请条件要低，而且通过率要高。
• ·山东黄金收盘跌2.55%，主力资金净流出2.12亿元
• ·Metaplanet每股比特币持有量增加170%
• ·芝麻交易所/易欧交易所下载-易欧交易平台OTCv6.6.82023抢先下载
• ·火币网新币
• ·欧莱新材(688530.SH)：192.3万股限售股11月11日解禁
• ·FTX claims website opens STEP 7 tax registration procedure, easy to teach and quickly complete
• ·消息指蔚来汽车已建立中东北非及阿联酋团队并扩大规模
• ·气候与什么什么有关-气候与什么什么有关英语
• ·宝地矿业：控股股东无偿划转35.25%股份
• ·火币网区块链
• ·歌尔股份收盘跌1.22%，主力资金净流出8266.87万元
• ·火币网怎么买
• ·eos发行了多少枚