TLDR:
- Gråskaas ETF will Shop at NYSE ARCA and includes BTC, ETH, Sol, XRP and Ada.
- Sec approved ETF just before July 2, the conversion deadline.
- New Sec standards can lower ETF approval times to 75 days for qualified tokens.
- Investors receive diversified crypto exposure with institutional class compliance and custody.
Crypto Investment Landscape today shifted when the supervisory authorities Green have another major stock exchange trained. Digital asset investors have now increased access to diversified crypto exposure through traditional brokerage accounts.
This development comes together with reports of streamlined approval processes that can reshape how Crypto ETFS reaches the market.
Securities and Exchange Commission continues to build a framework for digital asset products. Today’s approval represents the latest step in Crypto’s mainstream economic integration.
Grayscales Digital Large Cap Fund gets ETF status
Grayscales Digital Large Cap -Fund received official approval to convert to a stock exchange -traded fund structure. The recently approved ETF has five major crypto courses, including Bitcoin, Ethereum, Solana, XRP and Cardano.
Bloomberg ETF analyst James Seyffart confirmed the approval via social media channels. The conversion deadline was set until July 2, which made this a last minute decision.
New: There are approval orders for @GraysscaleS $ Gdlc To convert to an ETF. This is their digital large CAP fund that holds Bitcoin, Ethereum, Solana, XRP and Cardano. The last deadline was tomorrow https://t.co/jst1hbwd3e pic.twitter.com/9kalad2uh
– James Seyffart (@jseyff) July 1, 2025
SEC’s approval orders allow NYSE Arca to list and trade shares in the converted fund. This marks another significant milestone for Crypto ETF products in traditional markets. Investors can now access diversified crypto exposure without directly buying individual symbols.
The Fund’s structure provides custody of institutional class and compliance with the legislation for digital assets.
New generic listing standards may streamline future approvals
Crypto journalist Eleanor Terrett revealed that SEC is developed Generic listing standards for token -based ETFs. These standards would work in coordination with large exchanges to create clearer approval paths.
🚨SCOOP: The @Secgov is in the early stages of creating a generic listing standard for token -based ETFs in coordination with exchanges.
Thinking, I say, is that if a token meets the criteria, issuers can skip the 19B-4 process, archive an S-1, wait 75 days and …
– Eleanor Terrett (@eeleanortrett) July 1, 2025
The proposed system may enable issuers to skip long regulatory processes if tokens meet specific criteria. Market participants would archive simplified paperwork and only wait 75 days to list approval.
The new framework can dramatically reduce administrative burdens for both issuers and supervisory authorities. Current approval processes involve extensive communication and detailed comment periods back and forth.
Market roofs, trade volume and liquidity metrics are considered according to the new standards. However, SEC refused to give official comments about the development framework.
Crypto ETF market continues to expand
Approval of grayscale Multi-Crypto ETF contributes to the growing digital asset investment products software.
Traditional investors are increasingly seeking exposure to Cryptocurrency markets through familiar investment vehicles. ETF structures provide transparency, liquidity and supervisory surveillance that appeal to institutional investors.
This latest approval shows the supervisory authorities’ developing strategy for crypto investment products. The potential for streamlined listing standards indicate that more crypto -etfs can reach the markets faster.
Digital asset prices often respond positively to increased institutional access and regulatory clarity. The new approvals and simplified processes can speed up Crypto’s integration to traditional economy.
