Grayscale has filed to convert its Grayscale Digital Large Cap Fund into an exchange-traded fund (ETF)! 🎉 The fund tracks the CoinDesk Large Cap Select Index, measuring the performance of major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, and Avalanche (AVAX).

- The application was made so that the fund could be traded on the New York Stock Exchange.

- Grayscale is always evaluating opportunities to offer products based on investor demand.

- This could be Grayscale’s fifth ETF launch this year.

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