<ul data-eligibleForWebStory="true"><li>The U.S. SEC has approved the conversion of Grayscale’s Digital Large Cap Fund (GLDC) into an ETF, making it the first multi-crypto ETF in the U.S.</li><li>The ETF will include a diversified basket of cryptocurrencies, such as Bitcoin, Ethereum, XRP, Solana, and Cardano, with assets under management totaling $774.8 million.</li><li>Investors will have daily trading access to the ETF, allowing its price to closely align with the value of the underlying assets, which will be adjusted quarterly based on market size and liquidity.</li><li>The Grayscale Digital Large Cap Fund has shown significant performance related to the cryptocurrency market movements, with a current market price per share close to $48 and cumulative returns of over 699% since inception.</li></ul>

Grayscale’s $774M Fund Brings XRP and Solana to Wall Street

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