Grayscale debuts multi-asset crypto ETF following regulatory green light
- Grayscale’s GDLC began trading on Friday, offering exposure to the five top cryptocurrencies by market cap.
- Bitcoin accounts for 72% of the total fund, followed by Ethereum, which holds a 17% weight.
- The launch follows the SEC’s approval of generic listing standards for crypto ETFs.
Grayscale launched its Grayscale CoinDesk Crypto 5 ETF (GDLC), the first product to track the five top cryptocurrencies by market capitalization, including Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA).
Grayscale launches GDLC ETF, offering exposure to the top five cryptocurrencies
Asset manager Grayscale rolled out GDLC, its mixed-crypto ETF and the first multi-asset crypto product in the US, the firm stated in an X
