Grayscale ETF approval news

Key Points:* SEC reviews Grayscale ETF proposal covering prominent cryptocurrencies.

• Market anticipates significant institutional inflows.
• Potential shift in crypto legitimacy and investment dynamics. Approval is projected to enhance institutional entry into cryptocurrencies, possibly increasing liquidity and legitimacy for assets covered by the ETF. The fund, mainly composed of Bitcoin and Ethereum, represents over 90% of its holdings. Geraci’s prediction builds anticipation, with potential implications for investors who could benefit from diversified crypto exposure.

The SEC’s impending decision garners attention from both financial markets and the crypto community. While there are no direct comments from SEC officials, positive speculation surrounds the ETF’s prospective approval, suggesting a significant shift in regulatory attitude towards crypto assets.

SEC Reviews Grayscale’s Multi-Crypto ETF Proposal

Grayscale Investments seeks to convert its Digital Large Cap Fund into an ETF, potentially paving the way for similar multi-asset ETFs in the U.S. Grayscale aims to expand access to a broader crypto investment vehicle, comprising assets such as Bitcoin, Ethereum, and XRP. Nate Geraci, a noted ETF expert, stated, “The ETF is ‘highly likely’ to be approved,” reflecting high industry expectation.

Approval could increase institutional access to crypto markets, potentially driving significant market liquidity and investment shifts.

Did you know? Anticipation for a Grayscale ETF approval echoes earlier optimism when the first U.S. Bitcoin ETF was introduced, leading to substantial investment inflows and heightened crypto legitimacy.

Potential Market Impact and Historical Comparisons

Did you know? Anticipation for a Grayscale ETF approval echoes earlier optimism when the first U.S. Bitcoin ETF was introduced, leading to substantial investment inflows and heightened crypto legitimacy.

Bitcoin (BTC) is currently priced at $107,729.11, with a market cap of $2.14 trillion and dominance of 64.72%. Recent trends show a 0.39% dip in 24 hours but a 6.31% increase over the past week, according to CoinMarketCap.

Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 13:20 UTC on June 30, 2025. Source: CoinMarketCap Experts from the Coincu research team suggest that SEC approval of Grayscale’s amendment could set a regulatory precedent for diversified asset ETFs. Such developments may expand regulatory acceptance and lead to broader institutional adoption of crypto.

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