<ul data-eligibleForWebStory="true"><li>The US SEC is in the final review phase of Grayscale Investments' bid to convert the $760 million Digital Large Cap Fund (GDLC) into an ETF, which includes Bitcoin, Ethereum, XRP, Solana, and Cardano.</li><li>ETF Store president Nate Geraci believes there is a high likelihood of approval for the conversion, which could pave the way for individual spot ETFs for XRP, Solana, Cardano, and others.</li><li>The SEC has already approved spot Bitcoin and Ether ETFs, and analysts suggest that the limited exposure to XRP, Solana, and Cardano in the GDLC could receive approval as well due to their small weights in the fund.</li><li>If approved this week, the GDLC would become the first US spot ETF providing regulated exposure to XRP, Solana, and Cardano, offering real-time surveillance data to the SEC for potential future decisions on standalone XRP, SOL, and ADA funds.</li></ul>

XRP, Solana, Cardano Multi-Asset ETF Approval Highly Likely This Week: Expert

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