SEC Approves Grayscale ETF With XRP, BTC, ETH Exposure

  • The U.S. Securities and Exchange Commission (SEC) has approved Grayscales move to convert its Digital Large Cap Fund (GDLC) into an exchange-traded fund (ETF), marking a major milestone for crypto ETFs. This newly approved product is the first of its kind to offer diversified exposure to multiple digital assets, including Bitcoin (BTC), Ethereum (ETH), XRP, and other altcoins.