According to PANews, Bloomberg ETF analyst Eric Balchunas announced on the X platform that Grayscale, in collaboration with CoinDesk, has introduced the 'Grayscale CoinDesk Crypto 5 ETF.' This fund is a rebranded version of the Grayscale Digital Large Cap Fund (GDLC) and is set to begin trading on September 19.

In related developments, the U.S. Securities and Exchange Commission (SEC) recently approved options linked to the Grayscale Digital Large Cap Fund and the Cboe Bitcoin U.S. ETF Index.