Grayscale's at it again! 🎉 The crypto asset manager has filed with the SEC to convert its $520M Digital Large Cap Fund into an ETF. This fund, heavily weighted with Bitcoin (76%) and Ether (18%), could soon be easier to trade on the NYSE.

This move follows Grayscale's successful conversions of its Bitcoin and Ethereum Trusts into ETFs earlier this year, thanks to a favorable court ruling. Spot ETFs, unlike their trust counterparts, hold the actual assets, making trading smoother for investors.

In other news, Grayscale's been busy adding 35 altcoins to its potential investment list and launching new crypto funds monthly. Stay tuned!