SEC Isn't Letting Grayscale's XRP, SOL, And ADA ETF Trade Just Yet Despite Approval Order — Here's Why

  • Grayscale's proposal to convert its Digital Large Cap Fund (GDLC) into a spot ETF made headway this week after the U.S. Securities and Exchange Commission (SEC) on Tuesday gave the sign-off on an accelerated basis for the listing and trading of the fund on NYSE Arca.