The SEC has temporarily halted Grayscale's Digital Large Cap Fund's conversion to an ETF and will conduct further review

By: theblockbeats.news|2025/07/03 03:06:36

BlockBeats News, July 3rd, according to CoinDesk, the U.S. Securities and Exchange Commission (SEC) has halted the Grayscale Digital Large Cap Fund's plan to convert to an Exchange-Traded Fund (ETF) and placed it under further review.

The fund was originally planned to be listed on the New York Stock Exchange Arca platform as a spot ETF covering a variety of assets, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, and Cardano (ADA).

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