SEC Greenlights Grayscale's Bitcoin-Heavy Digital Large Cap Fund Conversion to Spot ETF
Published at：2025年07月02日 15:09
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The U.S. Securities and Exchange Commission (SEC) has granted official approval for Grayscale Investments to convert its Digital Large Cap Fund into a spot exchange-traded fund (ETF). This decision represents a major advancement for cryptocurrency investment products, with Bitcoin expected to dominate the fund's composition. The approval signals growing regulatory acceptance of cryptocurrency-based financial instruments in mainstream markets.
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