Nate Geraci, CEO of ETF Store, an ETF expert in the United States, tweeted: "The final review deadline for the U.S. Securities and Exchange Commission (SEC) on the application to convert Grayscale Digital Large Cap Fund (GDLC) ETF is this week. The ETF is expected to be 'very likely' to be approved. The ETF covers BTC, ETH, XRP, SOL, and ADA. After that, the approval of some other altcoin spot ETFs will also be carried out one after another." [ChainCatcher]

June 30, According to market sources, the U.S. Securities and Exchange Commission (SEC) has confirmed receipt of the amendment to convert the Grayscale Digital Large Cap Fund to an ETF (covering BTC, ETH, XRP, SOL, ADA). [BlockBeats News]

The SEC Confirms Amendment Application to Convert Grayscale Digital Large Cap Fund to ETF

On June 30th, according to market news, the U.S. Securities and Exchange Commission (SEC) confirmed that it has received an amendment to convert the Grayscale Digital Large Cap Fund into an ETF (covering BTC, ETH, XRP, SOL, ADA). [BlockBeats]

The US SEC confirms amended application to convert Grayscale Digital Large Cap Fund into an ETF

According to market news, the U.S. Securities and Exchange Commission (SEC) has confirmed receipt of the amendment to convert the Grayscale Digital Large Cap Fund into an ETF (the fund covers BTC, ETH, XRP, SOL, ADA). [ChainCatcher]

US SEC Confirms Receipt of Amended Application from Grayscale for Conversion of Digital Large Cap Fund to ETF

According to market news on June 30th, the U.S. Securities and Exchange Commission (SEC) has confirmed receipt of the amendment to convert Grayscale's Digital Large Cap Fund into an ETF (the fund covers BTC, ETH, XRP, SOL, ADA). [深潮 TechFlow]

The US SEC confirms receipt of amendment to convert Grayscale Digital Large Cap Fund into an ETF

The U.S. Securities and Exchange Commission (SEC) has confirmed receipt of the amendment to convert the Grayscale Digital Large Cap Fund into an ETF (the fund covers BTC, ETH, XRP, SOL, ADA). [Foresight News]

The US SEC has confirmed the amended application to convert Grayscale's Digital Large Cap Fund into an ETF.

Following the approval of Bitcoin and Ethereum ETFs in the US, ETF applications were also made for many altcoins such as XRP and Solana (SOL). While altcoin ETFs, especially XRP and Solana ETFs, are currently expected to receive approval by the end of 2025, the ETF expert stated that the SEC will decide on an important issue this week. Accordingly, The ETF Store President Nate Geraci said the SEC is set to make a final decision on the approval of the Grayscale GDLC ETF this week. The GDLC fund includes Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Solana (SOL), and Cardano (ADA). Geraci, who shared from his X account, stated that he thought the SEC would green light Graysacle's GDLC ETF. Nate Geraci thinks that the Graysacle GDLC ETF has a good chance of getting approved, which could pave the way for individual altcoin spot ETFs to get approved in the future. “GDLC, which is awaiting final approval from the SEC this week, brings together major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Solana (SOL), and Cardano (ADA). And it is highly likely that it will be approved. Individual spot ETF approvals for XRP, Solana (SOL) and Cardano (ADA) are also expected later." https://twitter.com/NateGeraci/status/1939454629915619403 *This is not investment advice.

MAG7.SSI

All Eyes on SEC This Week! Will Decide on Spot ETFs Covering Five Cryptocurrencies Including Bitcoin, Ethereum, and XRP!

According to a tweet by Nate Geraci, president of The ETF Store, "The U.S. Securities and Exchange Commission (SEC) will have a final approval deadline this week for the Grayscale Digital Large Cap ETF (GDLC), which holds BTC, ETH, XRP, SOL, and ADA. The probability of approval is high. Once passed, spot ETFs for single assets such as XRP, SOL, and ADA may be approved one after another. If the SEC approves GDLC, there is an additional benefit that it can serve as a trial run for incorporating more crypto assets into the ETF framework. Currently, XRP, SOL, and ADA together account for less than 10% of GDLC's holdings, which would be a moderate way for regulators to gradually gain exposure to other crypto assets." [Foresight News]

The ETF Store President: US SEC May Approve Grayscale Digital Large Cap ETF This Week, XRP and Other Spot ETFs Expected to Follow

According to a post on X by The ETF Store President Nate Geraci, the U.S. Securities and Exchange Commission (SEC) will make a final decision this week on the Grayscale Digital Large Cap ETF (GDLC), which holds multiple crypto assets such as Bitcoin, Ethereum, XRP, SOL, and ADA. Industry expert Nate Geraci said that the possibility of GDLC being approved is very high, which will pave the way for the approval of spot ETFs for single crypto assets such as XRP, SOL, and ADA in the future. [ChainCatcher]

The ETF Store President: SEC May Approve Grayscale's Digital Large Cap ETF This Week

On June 30th (UTC+8), according to a post by The ETF Store President Nate Geraci on X, the U.S. Securities and Exchange Commission (SEC) will make a final decision this week on the Grayscale Digital Large Cap ETF (GDLC), which holds multiple crypto assets such as Bitcoin, Ethereum, XRP, SOL, and ADA. Industry expert Nate Geraci said that the possibility of GDLC being approved is very high, which will pave the way for the approval of spot ETFs for single crypto assets such as XRP, SOL, and ADA in the future. (Source: TechFlow) [MetaEra]

The ETF Store President: SEC May Approve Grayscale Digital Large Cap ETF This Week

On June 30th, according to a post by The ETF Store President Nate Geraci on X, the U.S. Securities and Exchange Commission (SEC) will make a final decision this week on the Grayscale Digital Large Cap ETF (GDLC), which holds multiple crypto assets such as Bitcoin, Ethereum, XRP, SOL, and ADA. Industry expert Nate Geraci said that the possibility of GDLC being approved is very high, which will pave the way for the approval of spot ETFs for single crypto assets such as XRP, SOL, and ADA in the future. [Shenchao TechFlow]

June 30th, according to a post by Nate Geraci, President of The ETF Store, on X: "The U.S. Securities and Exchange Commission (SEC) will see the final approval deadline for the Grayscale Digital Large Cap ETF (GDLC) this week, which holds BTC, ETH, XRP, SOL, and ADA. The likelihood of approval is very high. Once approved, there may be subsequent approval for spot ETFs for individual assets such as XRP, SOL, ADA, and others." If the SEC approves GDLC, there is an additional benefit as a 'trial run' to include more crypto assets in the ETF framework. Currently, XRP, SOL, and ADA together account for less than 10% of GDLC's holdings, which would be a gradual way for regulatory agencies to explore other crypto assets." [BlockBeats]

The ETF Store President: SEC Could Approve Grayscale Digital Large Cap ETF This Week, XRP, SOL Spot ETFs Could Be Approved Soon

On June 30th, according to a post by Nate Geraci, president of The ETF Store, on X, "The U.S. Securities and Exchange Commission (SEC) will have a final approval deadline this week for the Grayscale Digital Large Cap ETF (GDLC), which holds BTC, ETH, XRP, SOL, and ADA. The probability of approval is very high. Once approved, spot ETFs for single assets such as XRP, SOL, and ADA may be approved one after another." If the SEC approves GDLC, there is an additional benefit that can serve as a "trial run" for including more crypto assets in the ETF framework. Currently, XRP, SOL, and ADA together account for less than 10% of GDLC's holdings, which would be a moderate way for regulators to gradually gain exposure to other crypto assets." [BlockBeats]

The ETF Store President: US SEC May Approve Grayscale Digital Large Cap ETF This Week, XRP, SOL and Other Spot ETFs Expected to Be Approved Subsequently

According to a post on X by The ETF Store President Nate Geraci, "The U.S. Securities and Exchange Commission (SEC) will have a final approval deadline this week for the Grayscale Digital Large Cap ETF (GDLC), which holds BTC, ETH, XRP, SOL, and ADA. The probability of approval is high. Once passed, spot ETFs for single assets such as XRP, SOL, and ADA may be approved one after another. If the SEC approves GDLC, there is an additional benefit that can serve as a 'trial run' for including more crypto assets in the ETF framework. Currently, XRP, SOL, and ADA together account for less than 10% of GDLC's holdings, which would be a moderate way for regulators to gradually gain exposure to other crypto assets." [ChainCatcher]

ETF expert: US SEC may approve Grayscale GDLC ETF this week

Approval could set a precedent for broader crypto ETF adoption, potentially transforming investment landscapes and regulatory approaches.
The post <a href="https://cryptobriefing.com/crypto-etf-approval-grayscale/">SEC to rule on Grayscale’s proposal to convert Bitcoin, Ether, XRP, and ADA large-cap fund into a spot ETF</a> appeared first on <a href="https://cryptobriefing.com">Crypto Briefing</a>.

SEC to rule on Grayscale’s proposal to convert Bitcoin, Ether, XRP, and ADA large-cap fund into a spot ETF

According to market sources, the U.S. Securities and Exchange Commission has confirmed the amended application to convert Grayscale's Digital Large Cap Fund into an ETF (the fund's assets include BTC, ETH, XRP, SOL, and ADA). [Odaily Planet Daily]

The US SEC confirms the amended application for Grayscale's Digital Large Cap Fund to convert to an ETF.

The ETF Store President Nate Geraci posted on the X platform, stating: "The U.S. Securities and Exchange Commission (SEC) will have a final approval deadline this week for the Grayscale Digital Large Cap ETF (GDLC), which holds BTC, ETH, XRP, SOL, and ADA. The probability of approval is very high. Once passed, spot ETFs for single assets such as XRP, SOL, and ADA may be approved one after another.
If the SEC approves GDLC, there is an additional benefit that can serve as a "trial run" for incorporating more crypto assets into the ETF framework. Currently, XRP, SOL, and ADA together account for less than 10% of GDLC's holdings, which would be a moderate way for regulators to gradually engage with other crypto assets." [Odaily星球日报]

The ETF Store President: US SEC May Approve Grayscale Digital Large Cap ETF (GDLC) This Week

On June 30th, according to a post by The ETF Store President Nate Geraci on X, "The U.S. Securities and Exchange Commission (SEC) will have a final approval deadline this week for the Grayscale Digital Large Cap ETF (GDLC), which holds BTC, ETH, XRP, SOL, and ADA. The probability of approval is very high. Once approved, spot ETFs for single assets such as XRP, SOL, and ADA may be approved one after another." If the SEC approves GDLC, there is an additional benefit that can serve as a "trial run" for including more crypto assets in the ETF framework. Currently, XRP, SOL, and ADA together account for less than 10% of GDLC's holdings, which would be a moderate way for regulators to gradually gain exposure to other crypto assets." [BlockBeats]

美国ETF专家、ETF Store的CEO Nate Geraci在推特上表示：“美国证券交易委员会（SEC）对Grayscale Digital Large Cap Fund（GDLC）ETF转换申请的最终审查截止日期就在本周。该ETF被认为‘非常有可能’获得批准。该ETF涵盖BTC、ETH、XRP、SOL和ADA。随后，其他一些山寨币现货ETF的批准也将陆续进行。”【ChainCatcher】

ETF专家表示，美国SEC可能会在本周批准Grayscale的GDLC ETF。

美國ETF專家、ETF Store的CEO Nate Geraci在推特上表示：“美國證券交易委員會（SEC）對Grayscale Digital Large Cap Fund（GDLC）ETF轉換申請的最終審查截止日期就在本週。該ETF被認爲‘非常有可能’獲得批准。該ETF涵蓋BTC、ETH、XRP、SOL和ADA。隨後，其他一些山寨幣現貨ETF的批准也將陸續進行。”【ChainCatcher】