SEC Postpones Decision on Grayscale's Bitcoin-Focused Digital Large Cap Fund ETF Conversion
Published at：2025年07月03日 17:21
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The U.S. Securities and Exchange Commission (SEC) has delayed its approval process for Grayscale Investments' proposal to convert its Digital Large Cap Fund into a spot Bitcoin exchange-traded fund (ETF) for listing on NYSE Arca. This temporary hold marks another regulatory hurdle in the cryptocurrency industry's efforts to gain mainstream financial product approval. The Digital Large Cap Fund currently holds a dominant position in Bitcoin alongside other major digital assets.
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