📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
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Grayscale submits Form 19b-4 to the New York Stock Exchange for digital market funds
BlockBeats News, on November 4th, according to official sources, Grayscale has announced that it has submitted Form 19b-4 to the New York Stock Exchange Arca, Inc. (NYSE Arca), proposing to list and trade the Grayscale Digital Large Cap Fund (GDLC) as an exchange-traded product (ETP), officially initiating the review process, which may take up to 240 days. As of November 1, 2024, GDLC currently manages assets totaling over $530 million, including: BTC: 76.53%; ETH: 16.92%; SOL: 4.36%; XRP: 1.63%; AVAX: 0.56%.