🚨 Big win for crypto diversification!
The SEC has officially approved Grayscale’s Digital Large Cap Fund (GDLC) — the first multi-asset crypto ETP in the U.S. Now investors can gain exposure to Bitcoin, Ether, XRP, Solana, and Cardano all in one regulated product.
🔍 Why this matters:
It opens up altcoin exposure under one roof, without buying and storing tokens individually.
It’s approved under the new Generic Listing Standards, meaning future crypto ETPs can be listed more quickly — less red tape.
Signals a shift: regulators easing access for diversified crypto exposure.
⚠️ Things to watch:
Expense ratio & fees matter. GDLC charges ~2.50%.
Asset weights: BTC & ETH dominate; the others are smaller slices.
Even regulated, still volatile. Know your risk.
👉 Bottom line: This is a massive step for institutional & retail crypto investors. Access to multiple big coins under regulated frameworks — game changer.
#Grayscale #GD LC #MULTI AssetETP #altcoinseason #BinanceSquare