Grayscale's Digital Large Cap Fund Approved by SEC
Grayscale's Digital Large Cap Fund (GDLC) has received SEC approval for listing on the NYSE. This multi-asset ETF offers diversified exposure to major cryptocurrencies including XRP, Solana, and Cardano, alongside Bitcoin and Ethereum.
GDLC tracks the five largest digital assets, with Bitcoin at 72% and Ethereum at 17%. The fund's approval, following Grayscale's legal victory against the SEC, signals a maturing regulatory environment and opens the door for more diversified crypto investment products.