🚀 Big news in the crypto world! Grayscale has petitioned the SEC to convert its Grayscale Digital Large Cap Fund (GDLC) into an ETF. The fund, which includes BTC, ETH, XRP, AVAX, and more, aims to make crypto investments more accessible. 🌐

With 75% of its assets in Bitcoin, GDLC is already a heavyweight. Grayscale's move follows the successful launch of its Bitcoin and Ethereum ETFs, which have $14B and $4.21B in AUM, respectively.

Bitcoin ETFs have seen positive inflows recently, while Ethereum ETFs are experiencing outflows. Stay tuned for more updates! #Crypto #Blockchain #ETF