SEC Approves Grayscale Conversion | Crypto

SEC Approves Grayscale Conversion of its Digital Large Cap Fund to a spot ETF, creating one of the first SEC-regulated multi-asset crypto ETFs in the U.S. The fund has tracked Bitcoin, Ethereum, XRP, Solana, and Cardano, rebalancing quarterly and permitting daily share creation to curb pricing gaps. The post SEC Approves Grayscale Conversion, Launching First U.S. Multi-Asset Crypto Spot ETF appeared first on Cryptonews.