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Experts: The SEC may approve Grayscale's GDLC ETF this week.
Gate News bot message, US ETF expert and CEO of ETF Store Nate Geraci stated on X: "The final review deadline for the Grayscale Digital Large Cap Fund (GDLC) ETF conversion application by the US Securities and Exchange Commission (SEC) is this week. This ETF is highly likely to be approved."
The ETF covers BTC, ETH, XRP, SOL, and ADA, and will subsequently approve spot ETFs for other altcoin stocks.