The cryptocurrency industry and the XRP market have scored a major win, with the United States Securities and Exchange Commission (SEC) approving Grayscale’s Digital Large Cap Fund, known as GDLC , for uplisting as an Exchange-Traded Fund (ETF). The timing of this approval has sparked renewed optimism among investors, particularly as XRP cements its position in a rapidly evolving crypto ETF landscape .

XRP Gains Legitimacy Through Grayscale’s GDLC ETF

On September 18, Grayscale Chief Executive Officer (CEO) Peter Mintzberg announced via X social media that the Grayscale Digital Large Cap Fund has been approved for trading under the SEC’s Generic Listing Standards . The move represents a watershed moment, as it will be the first multi-crypto asset ETP in the US mar

See Full Page