Grayscale Investments, a key player in digital asset management, has taken another step to broaden its lineup of cryptocurrency-based exchange-traded funds (ETFs) by submitting a registration statement for a spot Worldcoin ETF. This move underscores the firm’s ongoing commitment to providing investors with regulated access to emerging crypto assets amid a maturing market for such products.

The proposed fund, which would trade on Nasdaq under the ticker symbol GWLD, aims to offer passive exposure to Worldcoin’s native token, WLD. Shares of the ETF would derive their value primarily from the trust’s holdings of WLD, net of expenses and liabilities.

This structure mirrors Grayscale‘s successful conversions and launches of other…