Grayscale’s Digital Large Cap Fund approved for trading with new listing standards
Grayscale's fund approval may boost mainstream crypto adoption, offering diversified exposure and potentially influencing market dynamics.
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Updated 1:24 p.m. ET
Grayscale Digital Large Cap Fund was approved for trading today with new generic listing standards. The fund will become the first multi-crypto asset exchange-traded product to include Bitcoin, Ethereum, XRP, Solana, and Cardano.
The Grayscale team is “working expeditiously to bring the *FIRST* multi crypto asset ETP to market,” according to Peter Mintzberg.
The fund trades under the ticker $GDLC and represents a diversified approach to digital asset investing through a single product structure.