Grayscale Investments has filed a request with the U.S. Securities and Exchange Commission (SEC) to convert its Digital Large Cap Fund, which includes major cryptocurrencies such as #Bitcoin, #Ethereum, Solana, XRP, and Avalanche, into an exchange-traded fund (ETF).

The fund, which currently has $524 million in assets under management (AUM), is OTC-traded, with Bitcoin (close to 75%) and Ethereum (around 19%) dominating the rest, with Solana, XRP, and AVAX making up the rest.