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The SEC has received an application for the conversion of the Grayscale Digital Large Cap Fund ETF.
According to the Gate News bot, market news reports that the U.S. Securities and Exchange Commission (SEC) confirmed on June 30 that it has received a revised application from Grayscale for the conversion of its Digital Large Cap Fund to an ETF. This amendment involves multiple Crypto Assets, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Solana (SOL), and Cardano (ADA). This move marks an important step for Grayscale in pushing for the transformation of its Crypto Assets fund into an exchange-traded fund.