Grayscale Digital Large Cap Fund (GDLC) plans to list and trade on the NYSE Arca. The plan has been published in the Federal Register, initiating the review process, which may take up to 240 days. This move aims to revise the exchange's definition of ETPs for commodities and digital assets beyond Bitcoin and Ethereum. As of November 1, 2024, GDLC's assets under management have exceeded 530 million, with Bitcoin accounting for 76.53%, Ethereum for 16.92%, Solana for 4.36%, XRP for 1.63%, and Avalanche for 0.56%.

PANews, November 4th - According to official news, Grayscale has announced that the NYSE Arca, Inc.'s Form 19b-4 proposes to list and trade the Grayscale Digital Large Cap Fund (GDLC) as an ETP. This form has been published in the Federal Register, officially initiating the review process, which may take up to 240 days. As part of the Form 19b-4 submission, NYSE Arca's proposed rule change aims to revise the exchange's definition of ETPs holding commodities and digital assets other than Bitcoin and Ethereum.

As of November 1, 2024, GDLC's assets under management have exceeded 530 million, with Bitcoin comprising 76.53%, Ethereum 16.92%, Solana 4.36%, XRP 1.63%, and Avalanche 0.56%.

Grayscale's Digital Large Cap Fund plans to list and trade on the NYSE Arca.