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Grayscale Files for Spot Crypto Index ETF, Aiming to Bring BTC, ETH, SOL, XRP and ADA Under One Fund

Grayscale Files for Spot Crypto Index ETF, Aiming to Bring BTC, ETH, SOL, XRP and ADA Under One Fund

  • Crypto ETFs gained prominence with Bitcoin and Ethereum ETFs launched by major firms in 2024.
  • As applications for altcoin ETFs are under review, crypto index ETFs are emerging as a new trend.
  • Index ETFs offer a straightforward way to invest in major cryptos, mirroring traditional stock indexes.
  • Grayscale’s latest ETF bid includes a mix of major cryptos, offering broad market exposure.

If there has been one narrative dominant in crypto over the past year or so – apart from memecoins and Trump, and of course Trump memecoins – it has to be crypto exchange-traded funds (ETFs).

Bitcoin and Ethereum made their debut in early and mid-2024 respectively, with the launch of several ETFs backed by industry…

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