Grey release: Proposed application to upgrade Grayscale Digital Large Cap Fund to ETP
According to official news, grey release announced its intention to apply to upgrade the Grayscale Digital Large Cap Fund to an exchange-traded product. The Grayscale Digital Large Cap Fund is publicly traded and holds Bitcoin, Ether, SOL, XRP, and AVAX.
NYSE Arca's Form 19b-4, which has proposed listing and trading Grayscale Digital Large Cap Fund shares as an exchange-traded product (ETP), has been published in the Federal Register, officially initiating a review process that could take up to 240 days.