#SECETFApproval 1. Grayscale Digital Large Cap Fund – 💥 Approved

The SEC has approved Grayscale's Digital Large Cap Fund, allowing its conversion into a multi-crypto spot ETF containing Bitcoin, Ethereum, Solana, XRP, and Cardano.

The ETF was authorized on July 2, 2025, listed on NYSE Arca, and primarily focuses on the 2 largest cryptos (~80% BTC, ~11% ETH, the rest distributed).

This is the first US spot ETF to include major altcoins (SOL, XRP...) below the GRAY framework ncfacanada.org.

⚠️ Note: The SEC temporarily suspended the effective implementation on July 3, citing rule 431(e), the “stay” remains in effect until further notice cryptotimes.io.