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Grey release: Proposed application to upgrade Grayscale Digital Large Cap Fund to ETP

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2024-11-04 23:23:36
According to official news, grey release announced its intention to apply to upgrade the Grayscale Digital Large Cap Fund to an exchange-traded product. The Grayscale Digital Large Cap Fund is publicly traded and holds Bitcoin, Ether, SOL, XRP, and AVAX.
NYSE Arca's Form 19b-4, which has proposed listing and trading Grayscale Digital Large Cap Fund shares as an exchange-traded product (ETP), has been published in the Federal Register, officially initiating a review process that could take up to 240 days.