[LIVE] SEC Approves Conversion of Grayscale Digital Large Cap Fund into ETF (BTC, ETH, XRP, SOL & ADA)

Adoption Altcoins Cryptocurrency
Ad Disclosure
Ad Disclosure

We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Could Solana, XRP, and ADA make it into an ETF?
Ad Disclosure
Ad Disclosure

We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Managing Editor
Ad Disclosure
Ad Disclosure

We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Last updated: 
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

Grayscale started its Digital Large Cap Fund (GDLC) conversion journey back in 2024, when the first Bitcoin spot ETFs were approved. The firm’s goal is to transform the GDLC fund, which now tracks a mix of five crypto assets in various weights, into a spot ETF. So far, the SEC has not decided on the matter, but after the latest amendment submitted by Grayscale, the monetary watchdog has until Wednesday, July 2, to issue a statement.

Keep up with the latest updates on Grayscale’s ETF application below. Could this be the first time Solana, XRP, and ADA make it into an ETF?

Latest Updates on Grayscale’s Five Crypto Spot ETF Application:

In the Article
Bitcoin
BTC
$89,363
1.28 %
Ethereum
ETH
$3,029
1.75 %
Solana
SOL
$126.91
1.15 %
XRP
XRP
$1.9266
1.05 %
Cardano
ADA
$0.3755
3.24 %

2M+

Active Monthly Users Around the World

250+

Guides and Reviews Articles

8

Years on the Market

70

International Team Authors
editors
+72 More
At Cryptonews, we aim to make cryptocurrency, blockchain, and Web3 understandable, and information available to everyone, no matter what level you are in your investment journey. Founded in 2017, Cryptonews has been dedicated to delivering reliable, multilingual coverage of the cryptocurrency industry.

Best Crypto ICOs

Discover trending tokens still in presale — early-stage picks with potential.

Explore Our Tools

Smart tools made for everyday crypto users

Market Overview

  • 7d
  • 1m
  • 1y
Market Cap
$3,181,386,584,234
3.06
Trending Crypto

More Articles

Blockchain News
Coinbase Agrees to Acquire The Clearing Company to Expand Prediction Markets Push
Tanzeel Akhtar
Tanzeel Akhtar
2025-12-22 15:47:04
Blockchain News
Aave Labs Accused of Breaking Trust After Unilateral Vote Push
Anas Hassan
Anas Hassan
2025-12-22 15:13:06
Crypto News in numbers
editors
Authors List + 66 More
2M+
Active Monthly Users Around the World
250+
Guides and Reviews Articles
8
Years on the Market
70
International Team Authors