Grayscale files to convert multi-crypto fund into ETF — TradingView News
Crypto asset manager Grayscale has filed with the United States Securities and Exchange Commission to convert its $520 million fund that tracks multiple cryptocurrencies into an exchange-traded fund (ETF).
The New York Stock Exchange (NYSE), on Grayscale’s behalf, requested the conversion in an Oct. 14 19b-4 filing — a form that asks the SEC to alter rules to allow the listing of a new ETF.
Grayscale’s Digital Large Cap Fund manages just over $524 million in assets and is weighted with a 76% allocation to Bitcoin 
BTCUSD, followed by 18% to Ether 
ETHUSD, and the remainder is split between Solana 
SOLUSD, XRP 
XRPUSD, and Avalanche 
AVAXUSD.
In an accompanying 8-K form, Grayscale notified its investors that the fund reflects the…
