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Grayscale Files For Digital Large Cap Fund ETF with SEC, XRP Included

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Grayscale has submitted a filing to the U.S. SEC to convert its Digital Large Crypto Fund into an ETF, which will include XRP alongside Bitcoin, Ethereum, Solana, and Cardano’s ADA. This move follows the company’s successful conversion of its Bitcoin and Ethereum Trusts into spot ETFs in early 2024. The fund’s composition shows Bitcoin holding the largest share at 79.4%, followed by Ethereum (10.69%), XRP (5.85%), Solana (2.92%), and ADA (1.14%).