Grayscale Files S-3 for Digital Large Cap Fund ETF Featuring Bitcoin, Ethereum, Solana, XRP, and Cardano with $600 Million AUM

Grayscale has filed a registration statement on Form S-3 with the U.S. Securities and Exchange Commission (SEC) to convert its Digital Large Cap Fund into a publicly available exchange-traded fund (ETF). This fund includes major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, and Cardano (ADA). The filing marks a significant move towards expanding access for retail investors to a diversified cryptocurrency investment vehicle. Grayscale aims to uplist the fund, which currently holds over $600 million in assets under management (AUM), on NYSE Arca. This development is part of a broader trend towards mainstream cryptocurrency adoption, as institutional interest in digital assets continues to grow. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io