🚀 Exciting news for crypto enthusiasts! The SEC has begun reviewing Grayscale's application to convert its Digital Large Cap Fund into an ETF, marking a significant step in bringing multi-token exchange-traded products to U.S. markets. 📈

- NYSE Arca's Form 19b-4 proposes expanding ETPs beyond BTC and ETH.

- The review could take up to 240 days.

- If approved, this would be the first multi-token ETP on a national exchange.

What are your thoughts on this potential milestone? Share in the comments!