Friday, 31 Oct 2025
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
logo logo
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
  • 🔥
  • Trump
  • VIDEO
  • House
  • White
  • ScienceAlert
  • Trumps
  • Watch
  • man
  • Health
  • Season
Font ResizerAa
American FocusAmerican Focus
Search
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
Follow US
© 2024 americanfocus.online – All Rights Reserved.
American Focus > Blog > Economy > ‘The Age Of Crypto Index Investing’: Grayscale ETF Holding Bitcoin, Ethereum, Solana And More Goes Live
Economy

‘The Age Of Crypto Index Investing’: Grayscale ETF Holding Bitcoin, Ethereum, Solana And More Goes Live

Last updated: September 28, 2025 11:11 am
Share
‘The Age Of Crypto Index Investing’: Grayscale ETF Holding Bitcoin, Ethereum, Solana And More Goes Live
SHARE

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.

The launch of the first cryptocurrency index exchange-traded fund (ETF) in the United States has finally taken place.

​

“We are ushering in a new era of cryptocurrency index investing,” stated Peter Mintzberg, CEO of Grayscale, during an interview with CNBC last week as the Grayscale Digital Large Cap Fund (NYSE: GDLC) successfully commenced trading.

Invest in Gold

Powered by Money.com – Yahoo may earn commission from the links above.

​

The fund, officially known as the Grayscale CoinDesk Crypto 5 ETF, offers investors access to the five largest and most liquid cryptocurrency assets as per the CoinDesk 5 Index. Bitcoin is the largest holding at 72.43%, followed by Ethereum at 16.95%. XRP, Solana, and Cardano make up 5.6%, 4.01%, and 1.02% of the fund, respectively, according to information available on Grayscale’s website. Grayscale asserts that this fund encompasses approximately 90% of the total cryptocurrency market capitalization.

Don’t Miss:

  • If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends, would you invest in it?

  • Trade crypto futures on Plus500 with up to $200 in bonuses — enjoy price speculation without the hassle of wallets and try free paper trading to develop various strategies.

​

Grayscale is committed to maintaining the alignment of this fund with the CoinDesk 5 Index by rebalancing it on a quarterly basis.

​

On its debut trading day, the fund recorded an impressive $22 million in trading volume, as reported by Bloomberg Intelligence’s Senior ETF Analyst, Eric Balchunas. Analysts have high expectations for the future of cryptocurrency index funds.

See also  Megacap tech gets new BlackRock ETF

​

“Basket/index crypto ETPs could become the second largest category of crypto ETPs after Bitcoin ETPs within a reasonable timeframe,” said James Seyffart, Senior ETF Analyst at Bloomberg Intelligence, adding that this view was shared last week.

​

Prior to its launch as an ETF, GDLC functioned as a private over-the-counter fund. It recently received the green light from the Securities and Exchange Commission (SEC) for its transformation into an ETF. The SEC had initially approved this transition in July but subsequently stayed the decision at that time.

Trending: Microsoft’s Climate Innovation Fund Just Backed This Farmland Manager — And Accredited Investors Can Join the Same Fund

The recent approval coincides with the SEC’s introduction of new generic listing standards for cryptocurrency-based ETFs. Matt Hougan, Chief Investment Officer at Bitwise, noted that these standards would pave the way for a “crypto ETPalooza,” simplifying the ETF filing procedures and accelerating the approval process. Furthermore, Balchunas remarked that this could lead to the launch of over 100 cryptocurrency ETFs in the coming year.

This rewritten article maintains the structure and integrity of the original while ensuring the information is uniquely presented and fitting for a WordPress platform.

TAGGED:ageBitcoinCryptoETFEthereumGrayscaleHoldingindexInvestingLiveSolana
Share This Article
Twitter Email Copy Link Print
Previous Article Jimmy Kimmel Live Nexstar and Sinclair Drama Explained Jimmy Kimmel Live Nexstar and Sinclair Drama Explained
Next Article Is Neuromancer’s cyberpunk dystopia still thrilling in 2025?
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Posts

Supreme Court hears case on FDA regulation of vapes

The Supreme Court recently heard a case involving the FDA's decision to block certain flavored…

December 2, 2024

China Launches “Exile Route” Experience For Tourists, Sparking Social Media Debate

The Ningguta exile tourism project has sparked mixed reactions on social media. A unique tourism…

November 8, 2024

Prince Harry Stays at Late Mother’s Ancestral Home During U.K. Trip

Prince Harry recently made a solo trip to the U.K. where he visited his late…

September 3, 2024

Taylor Swift Enters Her Podcasting Era, With a Hint at TS12

Taylor Swift is set to make a surprise appearance on Travis Kelce's podcast, live from…

August 11, 2025

How to manage Siri Suggestions on your iPhone

The recent scandal involving White House officials blaming Siri Suggestions for adding unauthorized members to…

April 27, 2025

You Might Also Like

Fresnillo signs agreement to acquire Probe Gold for 8m
Economy

Fresnillo signs agreement to acquire Probe Gold for $558m

October 31, 2025
Market analysts react to Trump-Xi meet
Economy

Market analysts react to Trump-Xi meet

October 31, 2025
29 truck carrier files Chapter 11
Economy

29 truck carrier files Chapter 11

October 31, 2025
Trust Government Statistics, Not Government
Economy

Trust Government Statistics, Not Government

October 31, 2025
logo logo
Facebook Twitter Youtube

About US


Explore global affairs, political insights, and linguistic origins. Stay informed with our comprehensive coverage of world news, politics, and Lifestyle.

Top Categories
  • Crime
  • Environment
  • Sports
  • Tech and Science
Usefull Links
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA

© 2024 americanfocus.online –  All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?