The U.S. Securities and Exchange Commission (SEC) has approved the listing and trading of the Grayscale Digital Large Cap Fund, which includes major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA). Additionally, the SEC has sanctioned p.m.-settled options on the Cboe Bitcoin U.S. ETF Index and the Mini-Cboe Bitcoin U.S. ETF Index, marking a significant step in the expansion of digital asset investment products.
In a related development, the SEC has also approved generic ETF standards, potentially paving the way for a broader range of digital asset ETFs. This regulatory progress comes as the Federal Reserve reduces interest rates by 25 basis points and signals further cuts later this year, influencing market dynamics and prompting a $2 billion stablecoin inflow ahead of the rate cut decision.
SEC Approves Grayscale Fund and New ETF Standards Amid Market Shifts
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