Ladies and gentlemen, we are pleased to inform you that we are heading for the clouds 📈😵💫
The ETFs of different tokens have been approved.
The U.S. Securities and Exchange Commission (SEC) approved today, July 1st, the launch of a new exchange-traded fund (ETF) that offers combined exposure to the digital assets bitcoin (BTC), ether (ETH), XRP (XRP), solana (SOL), and cardano (ADA).
This is the Grayscale Digital Large Cap Fund (GDLC), managed by Grayscale Investments, a fund that was already trading in secondary markets, whose structure has now been modified to meet the listing requirements as an ETF.
The fund's portfolio is composed of: bitcoin (80.2%), ether (11.39%), XRP (4.82%), solana (2.78%), and cardano (0.81%). The positions are rebalanced quarterly and may be adjusted if the SEC approves or disapproves new cryptocurrencies as ETF bases.
#REX-OSPREYSolanaETF #BNBChainOverSolanaInDEXVolume #REX-OSPREYSolanaETF #ETFs #XRPETFApproval
