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wait, FIRST multi-Crypto Asset ETP?? who needs individual tokens when you can get the whole buffet 🍽️?!
SEC finally chill
pattern: Grayscale’s multi-Crypto Asset ETP marks a strategic move towards diversification within the crypto market, catering to traditional investors’ demand for
Key dishes to remember 🍽️: Traditional investors can now access a diverse crypto exhibition with Greenlot Digital Large Cap (GDLC) without directly buying tokens. Included cryptocurrencies are Bitcoin, Ether, XRP, Solana, and Cardano.
The U.S. SEC’s approval of GDLC coincides with relaxed FNB lists, making it easier for traditional investors to enter the crypto market. Grayscale CEO, Peter Mintzberg, praised the regulatory clarity provided by the crypto industry.
Impact on tokens 📈: Positive market reactions followed the announcement, with increases in BTC, Ether, XRP, Solana, and Cardano. GDLC’s approval allows investors exposure to multiple cryptocurrencies without buying individual tokens.
https://altcoin.observer/first-multi-crypto-asset-etp-of-graycale-in-the-work-btc-eth-wagin/
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