PANews, July 2 - According to The Block, the U.S. Securities and Exchange Commission (SEC) has approved a rule change proposal submitted by the New York Stock Exchange Arca in an 'accelerated' manner, allowing shares of Grayscale Digital Large Cap Fund LLC to be listed for trading. The SEC stated that, pursuant to Section 19(b)(2) of the Exchange Act, it now orders the accelerated approval of the proposed rule change (SR-NYSEARCA-2024-87) (as amended by Amendment No. 1). The fund is currently traded over-the-counter for qualified investors, primarily consisting of Bitcoin at nearly 80%, followed by Ethereum at approximately 11%, with Solana, Cardano, and XRP also included, each representing single-digit percentages.
