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

ChainCatcherJun 30, 2025
#ETF MAG7.SSI-4.39%XRP-4.19%
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]
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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

ChainCatcherJun 30, 2025
#ETF MAG7.SSI-4.39%XRP-4.19%
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]
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