The U.S. Securities and Exchange Commission (SEC)
Today, June 30, 2025, it acknowledged the receipt of the new amendment
(amended filing)
from the company
Grayscale
to convert its
“Digital Large Cap Fund” (GDLC)
into a spot exchange-traded fund (ETF).
The amendment was submitted through Form S-3, which is a procedure to expedite the process, and previously, $SOL $XRP $ADA has obtained a share of the fund's assets.
According to the regulatory timeline, the commission has until July 2, 2025, to make the final decision.
📌 The green light has not been fully granted yet; only the receipt of the amendment has been acknowledged and the review of the application has begun.
The final decision is expected in about two weeks by July 2.