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Grayscale Moves to Launch Crypto Index ETF with Diverse Asset Basket

  • Grayscale has submitted a filing to the SEC to convert its Digital Large Cap Fund into an ETF.
  • The fund currently holds a diversified portfolio of Bitcoin, Ethereum, Solana, XRP, and Cardano.
  • Regulatory conditions have become more favorable, leading to increased efforts to bring crypto-related ETFs to market.
  • Crypto index ETFs are gaining attention as the next logical step after BTC and ETH-based ETFs.

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