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

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).