The ETF Store President: US SEC May Approve Grayscale Digital Large Cap ETF This Week, XRP and Other Spot ETFs Expected to Follow
ForesightNewsJun 30, 2025
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]
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The ETF Store President: US SEC May Approve Grayscale Digital Large Cap ETF This Week, XRP and Other Spot ETFs Expected to Follow
ForesightNewsJun 30, 2025
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]
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