As with anything ETF-related in a world of cryptocurrency, it’s complicated. A recent turn of events with Grayscale’s GDLC fund proved just how alluring it can be. The SEC previously approved the ETF conversion of Grayscale’s GDLC fund on an accelerated basis. They then quickly moved to stay the order...
The SEC giveth, and the SEC taketh away. You may recall that conditional approval of Grayscale’s Digital Large Cap Fund (GDLC). Seemed like a step forward, right? Bitcoin, Ethereum, even a smattering of those crazy altcoins finally getting a place at the grown-ups’ table. Then, BAM! Indefinite pause. What gives?Buy-in...
We’re constantly told that the reason for the SEC’s continued wariness on altcoin ETFs is investor protection. Who are we really protecting? It doesn’t mean that the experienced Wall Street operator is the one best suited to figure out the myriad complexities of the crypto market. Or maybe it’s Amahle...
Speaking of waiting, the U.S. Securities and Exchange Commission (SEC) has again delayed its decision on Grayscale’s application for a proposed altcoin exchange-traded fund (ETF). This delay underscores the ongoing regulatory challenges and cautious approach the SEC is taking toward investment products involving diverse digital assets. This decision highlights the...
The Securities and Exchange Commission (SEC) has issued an administrative halt on the approval for Grayscale’s Digital Large Cap Fund (GDLC). As referenced, this delay has meaningful impact on its conversion to an ETF. That fund, currently composed of Bitcoin, Ethereum, XRP, Solana, and Cardano is the first fund to...
The SEC giveth, but the SEC taketh away. One minute, Grayscale's Digital Large Cap Fund (GDLC) looks set to become an ETF, offering investors diversified exposure to crypto beyond just Bitcoin and Ethereum. The next? Poof. Indefinite pause. What gives?Look, I get it. The SEC has a job to do....
With the SEC’s recent stop of Grayscale’s Digital Large Cap Fund (GDLC) ETF conversion, the recent decision regarding XRP, Solana, and Cardano has sent waves of uncertainty across the entire crypto market. While analysts predict ultimate approval, this sudden pause begs the question: Is this a calculated delay to benefit...
To say the crypto world is abuzz would be an understatement, though there is an air of suspense. The SEC's decision to pause the conversion of Grayscale's Digital Large Cap Fund (GDLC) into an ETF has raised eyebrows and sparked discussions across the industry. At first, the decision created a...
The world of crypto is rapidly changing — along with the opportunities available for investors to access this exciting new market. A significant development is on the horizon: the launch of a new yield-chasing crypto fund that tracks Solana (SOL). Make no mistake, this fund isn’t just another ETF. It’s...
The inevitable has arrived. A Solana ETF. Meanwhile, Bitcoin maximalists are still keeping themselves quite distracted patting themselves on the back over their magical “digital gold.” At the same time, a silent revolution is taking place. Or is this yet another altcoin simply soaking up a bit of speculative mania?...
