Grayscale’s Digital Large Cap Fund (GDLC) reported approximately $775 million in assets under management at the time of its proposed ETF conversion
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The SEC allowed Grayscale to uplist the Digital Large Cap Fund (GDLC), which holds $755 million in bitcoin, Ethereum, XRP, Solana and Cardano, into an ETF through delegated authority — meaning the SEC's commissioners did not vote to approve the conversion, but rather agency staff gave the sign-off.
GDLC holds Bitcoin, Ethereum, Solana, XRP, and Cardano. Grayscale reports roughly $775 million in assets under management for the product.
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