Digital asset investment platform Grayscale, is making significant headlines in the cryptocurrency space with the launch of the first multi-token exchange-traded fund (ETF) available in the United States.
The Grayscale CoinDesk Crypto 5 ETF, which begins trading on the New York Stock Exchange (NYSE) under the ticker “GDLC,” combines the five largest and most liquid digital assets: Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA).
Grayscale CEO Declares New Era Of Crypto Index Investing
Peter Mintzberg, CEO of Grayscale, emphasized the nature of this new launch, suggesting it heralds a new era of crypto index investing.
In an interview with CNBC, he stated, “We are typically in the first mover position. Grayscale will continue innovating at scale for inves