"The Securities" agrees to launch the "Grayscale" fund for immediate trading in currencies $XRP and $SOL and $ADA

The U.S. Securities and Exchange Commission (SEC) has approved the launch of the "Grayscale" fund for immediate trading on the stock exchange, which includes the cryptocurrencies XRP, SOL, and ADA.

The Securities Commission announced its approval to convert the "#GrayscaleDigitalLargeCap " fund into an Exchange-Traded Fund (ETF).

This fund includes cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Solana (SOL), and Cardano (ADA).

Grayscale began its journey to convert its large market cap digital fund (GDLC) in 2024, when the first immediate-traded Bitcoin funds were approved.

With this approval, the GDLC fund, which now tracks a mix of cryptocurrencies, will be converted into an immediate trading fund, making it easier for large funds and conservative investors to access these cryptocurrencies through traditional markets #REX-OSPREYSolanaETF #DYMBinanceHODL #OneBigBeautifulBill #StrategyBTCPurchase