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SEC Suspends Grayscale's Digital Large Cap Fund Conversion to ETF, Further Review Planned

Summary: According to CoinDesk, the U.S. Securities and Exchange Commission (SEC) has suspended Grayscale's Digital Large Cap Fund's plan to convert into an Exchange-Traded Fund (ETF) and will subject it to further review. The fund was originally set to be listed on the New York Stock Exchange Arca platform as a spot ETF covering various assets ...

According to CoinDesk, the U.S. Securities and Exchange Commission (SEC) has suspended Grayscale's Digital Large Cap Fund's plan to convert into an Exchange-Traded Fund (ETF) and will subject it to further review. The fund was originally set to be listed on the New York Stock Exchange Arca platform as a spot ETF covering various assets including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Ripple (XRP), and Cardano (ADA).

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Link: SEC Suspends Grayscale's Digital Large Cap Fund Conversion to ETF, Further Review Planned [Copy]

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