Regulatory strategy, analyst insights and ETF framework

Collection item

Grayscale has aggressively pursued ETF innovations, filing multiple altcoin proposals and attempting to launch a staking ETF prior to the approval of its multi-asset fund

The SEC concluded that NYSE Arca’s market surveillance measures and the ETF’s asset-quality standards satisfy Section 6(b)(5) of the Exchange Act, which requires protections against fraud and market manipulation

James Seyffart and Eric Balchunas, Bloomberg analysts, projected SEC approval for crypto fund conversions like GDLC and BITW, noting that small allocations to altcoins could still be allowed even without explicit approval for each asset

Nate Geraci, president of the ETF Store, stated that the Grayscale ETF serves as a test case for future altcoin ETF approvals, since XRP, Solana and Cardano comprise less than 10% of the fund’s holdings

Data source type

Collection data source

Filter

{"where":{"AND":[{"attribute":"Jfmby78N4BCseZinBmdVov","is":"KeG9eTM8NUYFMAjnsvF4Dg"}]}}