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

OdailyJun 29, 2025
#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]

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

OdailyJun 29, 2025
#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]

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