TechFlow, July 2 — According to The Block, the U.S. Securities and Exchange Commission (SEC) "accelerated approval" on Tuesday for Grayscale Digital Large Cap Fund LLC's application to convert into an exchange-traded fund (ETF). The fund is currently traded over-the-counter among qualified investors, with its assets primarily composed of Bitcoin (approximately 80%) and Ethereum (approximately 11%), along with single-digit percentage allocations in other crypto assets such as Solana, Cardano, and XRP.
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