Grayscale Seeks SEC Approval for Digital Large Cap Fund ETF Including XRP
Grayscale, a leading fund manager, has taken a significant step by filing with the US Securities and Exchange Commission to convert its Digital Large Crypto Fund into an exchange-traded fund. Notably, this ETF will include XRP, the digital currency associated with Ripple. As regulation continues to evolve in the cryptocurrency space, Grayscale’s move signals a growing institutional interest in digital assets. If approved, this could pave the way for increased accessibility to cryptocurrencies for a wider range of investors.