Grayscale Investments is making headlines once again with their latest filing to the U.S. Securities and Exchange Commission (SEC).
Grayscale Investments is seeking to transform its Digital Large Cap Fund, which comprises Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, and Avalanche (AVAX), into an exchange-traded fund (ETF).
According to the WSJ, the New York Stock Exchange has submitted a request to the U.S. Securities and Exchange Commission (SEC) on Grayscale’s behalf, filing a 19b-4 form to obtain approval for the conversion.
Earlier this year, Grayscale successfully converted its Bitcoin Trust and Ethereum Trust into spot ETFs after receiving SEC approval for both products in the United States.
The move follows the exchange’s routine asset evaluations, which are aimed at maintaining quality standards and user protection.
Sui (SUI) has gone up by nearly 4% in the past 24 hours and its performance is diverging from that of other altcoins after some interesting technical news. Popular trading accounts on X pointed out that Sui’s trading volumes in June surpassed those of well-established tokens like BNB Coin (BNB) and Hyperliquid (HYPER) by $7 […]
The U.S. Securities and Exchange Commission (SEC) has officially approved the conversion of the Grayscale Digital Large Cap Fund into an exchange-traded fund (ETF), finalizing its transition from an over-the-counter product into a fully regulated ETF structure.
The recent launch of the TOKEN6900 (T6900) meme coin presale is a refreshing sight in a market oversaturated with presales focused on providing utility. Token6900 returns to the roots of meme coins, offering no utility. This is precisely what makes it appealing to those seeking a high-risk, high-reward asset to stockpile. Marketed as the world’s […]