#SECETFApproval sECETFA
SEC Breakthrough: Grayscale Digital Large Cap Fund Converts to Spot ETF—XRP Included 🎯
Last week, the U.S. Securities and Exchange Commission (SEC) approved Grayscale’s request to convert its Digital Large Cap Fund (GDLC) into a spot exchange-traded fund (ETF)—a landmark decision featuring not just Bitcoin and Ether, but also XRP, Solana, and Cardano coindesk.com+14coindesk.com+14marketwatch.com+14. This marks the first time XRP has appeared within a U.S.-regulated crypto ETF, signaling expanded regulatory openness to alternative cryptocurrencies wsj.com+6bravenewcoin.com+6cryptodaily.co.uk+6.