U.S. regulators are currently reviewing a proposal to approve the Grayscale Digital Large Cap Fund (GDLC) as a crypto index ETF
Regulators are reviewing Grayscale’s proposal for a crypto index ETF, which could be the first to include altcoins like Solana and Avalanche.U.S. regulators are currently reviewing a proposal to approve the Grayscale Digital Large Cap Fund as a crypto index ETF, which, if approved, would mark the first U.S.-based ETF to include altcoins like
Following the approval of Bitcoin and Ethereum ETFs in January and July, the focus has now shifted to crypto index funds, which offer broader exposure by holding a mix of digital assets. Moreover, the expansion of ETF offerings into diversified crypto assets is likely to bring more liquidity to the altcoin market, stabilizing prices and making it easier for institutional investors to allocate funds across a broader spectrum of digital assets.
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