The U.S. Securities and Exchange Commission (SEC) has recently acknowledged Grayscale’s application to convert its Digital Large Cap Fund (GDLC) into a multi-asset spot exchange-traded fund (ETF), which would be the first of its kind in the U.S. if approved. This fund includes major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, and …

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