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The SEC has suspended the grey release of digital funds into ETFs and will further review

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2025-07-02 20:17:31
The Securities Exchange Commission (SEC) has suspended plans to convert Grayscale's Digital Large Cap Fund into an exchange-traded fund (ETF) and placed it under further review.
The fund was originally planned to be listed on the NYSE Arca platform as a multi-asset spot ETF, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Ripple (XRP), and Cardano (ADA).
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