Grayscale wins dry nod as five ETF $ 1 billion eyes and challenges Bitcoin giants
Grayscale Investments obtained approval from the US Securities and Exchange Commission (SEC) to set up its digital fund for large capitalization (GDLC) as a negotiated stock market fund. The product, which contains a basket of Bitcoin, Ethereum, XRP, Cardano and Solana, is program To start trade on September 19, according to Bloomberg ETF analyst Eric…