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The president of The ETF Store: Grayscale GDLC conversion to Spot ETF application may be approved before SOL ETF.
Gate News bot news, The ETF Store President Nate Geraci posted on X stating that the “Grayscale Digital Large Cap Fund” (code GDLC) may be the first fund to receive SEC approval before the spot SOL ETF, including XRP and Cardano (ADA). The direction of all this development is very clear.
Previously, Grayscale applied to the US SEC to convert GDLC into a Spot ETF.