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TimesTabloid 2025-04-01 16:02:17

Grayscale Files for Digital Large Cap Fund ETF with SEC, XRP Included

The cryptocurrency investment landscape is evolving rapidly, and Grayscale Investments is at the forefront of this transformation. According to JackTheRippler, Grayscale has officially applied with the U.S. Securities and Exchange Commission (SEC) to convert its Digital Large Cap Fund (GDLC) into a publicly traded exchange-traded fund (ETF). The most notable inclusion in this ETF is XRP, marking a significant milestone for the token amid its ongoing journey toward broader institutional acceptance. BREAKING: Grayscale Files For Digital Large Cap Fund ETF with SEC, #XRP Included! pic.twitter.com/K6DcZOezsV — JackTheRippler © (@RippleXrpie) April 1, 2025 A Major Step Toward a Crypto ETF Expansion Grayscale is well known for its Grayscale Bitcoin Trust (GBTC), which recently became the first spot Bitcoin ETF in the U.S. This move to launch the Digital Large Cap Fund ETF signals a broader push to offer diversified crypto investment products in a regulated and publicly accessible manner. The Digital Large Cap Fund is designed to track a basket of top cryptocurrencies, giving investors exposure to a range of leading digital assets. The fund already includes major assets like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and now XRP. XRP’s Inclusion: A Pivotal Moment The decision to include XRP in the Digital Large Cap Fund ETF is particularly significant given the token’s regulatory history with the SEC. For years, Ripple Labs and XRP have been entangled in a legal battle over whether XRP should be classified as a security. However, Grayscale’s move to include it in a regulated ETF product suggests growing institutional confidence in XRP’s legitimacy and future potential. This inclusion could open the door for: Institutional Investors Gain Exposure to XRP without directly purchasing and managing the asset. Increased Liquidity and Price Stability for XRP as more funds flow into the ETF. Greater Recognition of XRP’s Utility, especially in cross-border payments and financial services. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Regulatory Considerations and Market Impact Grayscale’s filing comes amid a shifting regulatory landscape for crypto ETFs. Following the approval of spot Bitcoin ETFs, there is increasing speculation about when the SEC might greenlight spot Ethereum and other multi-asset crypto ETFs. If the Digital Large Cap Fund ETF is approved, it could signal that regulators are warming up to diversified crypto investment products, potentially paving the way for more comprehensive digital asset ETFs in the future. Market analysts suggest that the launch of such an ETF could bring a wave of new capital into XRP and other included assets, enhancing their market positions and further legitimizing digital assets in traditional finance. A Game-Changer for Crypto ETFs Grayscale’s move to file for the Digital Large Cap Fund ETF with the SEC is a bold step toward expanding institutional access to cryptocurrencies. The inclusion of XRP in the fund is particularly noteworthy, as it signals growing confidence in its regulatory standing and long-term viability. If approved, this ETF could broaden investor access, drive market growth, and further solidify XRP’s place in the evolving crypto economy. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Grayscale Files for Digital Large Cap Fund ETF with SEC, XRP Included appeared first on Times Tabloid .

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