The U.S. Securities and Exchange Commission (SEC) approved the conversion of Grayscale’s Digital Large Cap Fund (GLDC) into an exchange-traded fund (ETF) on Tuesday, but further details have emerged suggesting the conversion won’t happen right away. The $755 million fund, launched in 2018, holds bitcoin ( BTC), ether ( ETH), solana ( SOL), XRP, and […]Grayscale GLDC ETF Conversion Halted Indefinitely
The U.S. Securities and Exchange Commission (SEC) approved the conversion of Grayscale’s Digital Large Cap Fund (GLDC) into an exchange-traded fund (ETF) on Tuesday, but further details have emerged suggesting the conversion won’t happen right away. The $755 million fund, launched in 2018, holds bitcoin ( BTC), ether ( ETH), solana ( SOL), XRP, and […]