According to ChainCatcher, the U.S. Securities and Exchange Commission (SEC) has suspended the plan for the Grayscale Digital Large Cap Fund to convert into an Exchange-Traded Fund (ETF) and has placed it under further review.
The fund was originally planned to be listed on the NYSE Arca platform, becoming a spot ETF covering multiple assets, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Ripple (XRP), and Cardano (ADA).
