The SEC approved the transformation of the Grayscale Multi-Currency digital asset fund into an ETF.

GateNews

2025-07-01 17:00:49

According to Gate News bot, the U.S. Securities and Exchange Commission (SEC) approved an important decision on July 2 to convert the Grayscale Digital Large Cap Fund into an Exchange-Traded Fund (ETF). This amendment involves various mainstream crypto assets, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Solana (SOL), and Cardano (ADA). This move is seen as an important step for the crypto asset market into the mainstream financial sector, and it is expected to provide investors with more diversified digital asset investment options.

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