Attention, crypto enthusiasts! 🚀

Grayscale has applied to the SEC to convert its $520 million fund that tracks multiple cryptocurrencies into an ETF. This fund, with 76% in Bitcoin (BTC) and 18% in Ether (ETH), will make it easier to buy and sell stocks.

- The SEC previously approved the conversion of its Bitcoin and Ethereum funds.

- Spot ETFs own the underlying assets, unlike futures-based funds.

- Grayscale has added 35 altcoins to its list of potential investments.

What do you think? Comment below!