Grayscale Investments has submitted an amendment to the SEC to transform its Digital Large Cap Fund (GDLC) to a spot exchange-traded fund (ETF), giving prominence to XRP among other cryptocurrencies.

SEC Approves Grayscale conversion; the Digital Large Cap Fund has become a spot ETF tracking Bitcoin, Ethereum, XRP, Solana, ...

Grayscale on Tuesday won U.S. Securities and Exchange Commission approval to convert its Digital Large Cap Fund (OTCQX:GDLC) into a spot crypto exchange-traded fund. The revamped fund is heavily ...