According to Foresight News, Grayscale Investments has submitted an application to the U.S. Securities and Exchange Commission (SEC) to convert its hybrid crypto fund Digital Large Cap Fund (GDLC) into an exchange-traded fund (ETF). As of September 30, the fund was mainly composed of Bitcoin, accounting for 74.7%, followed by Ethereum, accounting for about 18.55%, and the rest was composed of SOL, XRP and AVAX. The company has previously converted Bitcoin and Ethereum funds into ETFs.

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