Grayscale Files To Convert $600 Million Crypto Fund Into ETF, Expanding Access to Bitcoin, Ethereum, and XRP
Grayscale Investments has filed to convert its private Digital Large Cap Fund into an exchange-traded fund (ETF).
Grayscale Investments has filed to convert its private Digital Large Cap Fund into an exchange-traded fund (ETF), allowing public investors to access a portfolio that includes Bitcoin, Ethereum, XRP, Solana, and Cardano. Currently, the fund is only available to accredited investors through private placement. At the time of filing, Bitcoin makes up 79.4% of the fund, followed by Ethereum at 10.69%, XRP at 5.85%, Solana at 2.92%, and Cardano at 1.14%. Cardano was added in January 2025 after the removal of Avalanche due to index rebalancing. Since its launch in 2018, the fund’s market price has increased by 478.83%, according…
