Grayscale Converts Digital Large Cap Fund to ETF, U.S. Crypto Policy Shifts
Grayscale Investments has announced the conversion of its Digital Large Cap Fund into an ETF, effective July 2, 2025, following approval from the U.S. Securities and Exchange Commission (SEC). This move signifies a notable shift in the U.S. regulatory environment towards greater acceptance of cryptocurrencies.
The U.S. policy shift towards a more crypto-friendly stance is a pivotal moment for institutional adoption. Grayscale’s ETF advancement is expected to accelerate Ethereum’s market integration, enhancing liquidity and transparency. This milestone represents a significant step toward regulatory clarity in the U.S. crypto landscape.
Key industry players, including Grayscale, anticipate substantial benefits for Ethereum. New…
