ETF expert Nate Geraci suggests that Grayscale’s Digital Large Cap (GDLC) fund could receive approval ahead of Solana ETFs. This marks a critical junction for Grayscale to initiate approvals for additional ETFs, which may alter the current landscape of cryptocurrency investments.
The SEC’s recent regulatory interventions have raised concerns for Solana ETF issuers, necessitating updates to their filings. Meanwhile, the GDLC fund’s conversion attempts could create a precedent, suggesting a more favorable regulatory environment for crypto ETFs.
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