{"id":77653,"date":"2025-07-02T09:09:15","date_gmt":"2025-07-02T09:09:15","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=77653"},"modified":"2025-07-02T09:09:15","modified_gmt":"2025-07-02T09:09:15","slug":"sec-grayscale-deal-greenlights-multi-asset-crypto-debuts-as-us-first","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=77653","title":{"rendered":"SEC Grayscale deal Greenlights Multi-Asset Crypto: Debuts As US First"},"content":{"rendered":"

The SEC Grayscale deal just greenlit Grayscale\u2019s plan to convert its Digital Large Cap Fund (GDLC)<\/a> into a spot ETF. It\u2019s another step toward folding crypto into Wall Street\u2019s standard menu.<\/p>\n

The move gives everyday investors direct exposure to top digital assets, and no wallets or seed phrases are required.<\/p>\n

What the SEC Grayscale ETF Brings to the Table<\/h2>\n

Bitcoin makes up the lion\u2019s share of Grayscale\u2019s GDLC ETF, but it\u2019s not alone. Built on the CoinDesk 5 Index, the fund also pulls in Ethereum, XRP<\/a>, Solana, and Cardano.<\/p>\n

It\u2019s crypto-Jesus for the TradFi crowd, and as we\u2019ve written about all this cycle, retail is being left in the dust while it is institutions who are driving the bull market.<\/p>\n

The end of public vs private markets is beginning. Capital formation too is more efficient in crypto markets. Lending markets too. This is democratization of finance and it’s only going to accelerate from here\u2026 https:\/\/t.co\/Z7fsKnzLul<\/a><\/p>\n

\u2014 Raoul Pal (@RaoulGMI) June 30, 2025<\/a><\/p>\n\n

The SEC\u2019s approval signals a long-overdue pivot. After years of\u00a0stonewalling<\/span> spot\u00a0Bitcoin ETFs<\/a>, the regulator was forced to blink, thanks, in part, to Grayscale\u2019s legal win in 2023.<\/p>\n

Now the agency\u2019s reluctant approval of GDLC reflects mounting pressure from institutions and pension funds looking for clean, regulated access to crypto. The ETF will hit NYSE Arca soon.<\/p>\n

What This Means for the Crypto Market<\/h2>\n

Grayscale\u2019s green light could be the first crack in the dam. 99Bitcoins analysts now expect a flood of crypto ETFs into Polkadot, Sui, Sei, Dogecoin (unironically, LOL), Avalanche, and even Tron. For investors, it\u2019s about finding the crypto assets they want to legitimize.<\/p>\n

The SEC\u2019s nod signals that crypto isn\u2019t lawless but maturing slowly but surely.<\/p>\n

Hey\u2026 So Where Do We Go From Here?<\/h2>\n

Grayscale\u2019s ETF marks another step in crypto\u2019s march into mainstream finance. \u201cWe\u2019re thrilled,\u201d said CoinDesk Indices\u2019 Andy Baehr, calling it a win for investors chasing top-tier digital assets in one package.<\/p>\n

As ETFs stack up, the SEC is playing catch-up to a market that\u2019s already moving on.<\/p>\n

EXPLORE:\u00a0XRP Price Jumps 11% After SEC Crypto Unit Tease XRP ETF Progress<\/a><\/strong><\/p>\n

Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/a><\/strong><\/p>\n

\n

Key Takeaways<\/h2>\n\n

The SEC Grayscale deal just greenlit Grayscale\u2019s plan to convert its Digital Large Cap Fund (GDLC) into a spot ETF. <\/p>\n

Grayscale\u2019s greenlight could be the first crack in the dam. 99Bitcoins analysts now expect a flood of crypto ETFs into Polkadot, Sui, Sei and more. <\/p>\n\n<\/div>\n

The post SEC Grayscale deal Greenlights Multi-Asset Crypto: Debuts As US First<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

The SEC Grayscale deal just greenlit Grayscale\u2019s plan to convert its Digital Large Cap Fund (GDLC) into a spot ETF. It\u2019s another step toward folding crypto into Wall Street\u2019s standard menu. The move gives everyday investors direct exposure to top digital assets, and no wallets or seed phrases are required. What the SEC Grayscale ETF […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-77653","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/77653"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=77653"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/77653\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=77653"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=77653"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=77653"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}