Bitcoin and 4 altcoins-based ETF is being listed on the exchange tomorrow.

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The spot exchange-traded fund named "Grayscale CoinDesk Crypto 5 ETF" from one of the largest investment companies in the crypto sector, Grayscale, is opening for trading tomorrow.

The ETF in question includes Bitcoin, Ethereum, XRP, Solana, and Cardano, holding these assets with weights of 72.23%, 17.12%, 5.62%, 4.03%, and 1%, respectively. The current value of the assets under the fund's management is nearly 1 billion dollars. This figure is expected to increase with the fund starting to trade on the New York Stock Exchange (NYSE) from tomorrow, as capital inflow into the included cryptos is anticipated to accelerate.

The ETF that will be traded under the GDLC code received approval from the SEC yesterday, (. This approval came after the SEC accepted the general listing rules proposed by the joint application of Nasdaq, CBOE, and NYSE. The newly adopted rules allow commodity-based ETFs, including Cryptos, to be listed without the need for the agency's lengthy approval processes. In the coming days, it is expected that more crypto-based ETFs will be launched.

Published: September 18, 2025 20:05

BTC-0.08%
ETH0.07%
XRP0.3%
SOL0.52%
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GateUser-4158d1a7vip
· 13m ago
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