The US SEC has officially confirmed that it has received an application to convert Grayscale Digital Large Cap Fund (GDLC) into an ETF

Nate Geraci, the President of The ETF Store, stated that the United States Securities and Exchange Commission has officially confirmed the application to convert Grayscale Digital Large Cap Fund (GDLC) to an ETF. GDLC holds approximately 77% Bitcoin, 17% Ethereum, and the rest is Sol, XRP, and AVAX. The US SEC is seeking public opinion, and the decision-making time has started.