🚀 Grayscale's at it again! The crypto asset manager has filed with the SEC to convert its $520M Digital Large Cap Fund into an ETF. This fund, with a 76% Bitcoin and 18% Ether mix, could soon be easier to trade on the NYSE.
This move follows Grayscale's successful Bitcoin and Ethereum ETF conversions earlier this year. The SEC's August court decision seems to have opened the floodgates for spot ETFs.
Grayscale's been busy, adding 35 altcoins to its watchlist and launching new funds monthly. What's your take on this ETF frenzy? Drop your thoughts below! 💬👇