The ETF filing was submitted through an S-3 form to the U.S. Securities and Exchange Commission (SEC) on April 1. If approved, it would bring the fund to a wider audience and track approximately 75% of the digital asset market, excluding meme coins and st

Grayscale has not disclosed the final management fee, which is subject to change.

Grayscale has submitted an S-3 shelf registration statement for a broadly diversified digital asset ETF, aiming to include about 75% of the market. The filing, spotted by Blockworks, covers an expansive range of digital assets, excluding meme coins and stablecoins.

Grayscale has submitted an S-3 shelf registration statement for a broadly diversified digital asset ETF, aiming to include about 75% of the market. The filing, spotted by Blockworks, covers an expansive range of digital assets, excluding meme coins and stablecoins.

The move follows the recent approvals of Bitcoin spot ETFs by the U.S. Securities and Exchange Commission (SEC), which sparked a flurry of activity in the ETF market.

The move follows the recent approvals of Bitcoin spot ETFs by the U.S. Securities and Exchange Commission (SEC), which sparked a flurry of activity in the ETF market.

If approved, the ETF will be listed on a major U.S. exchange and grant access to a segment of the crypto market currently недоступен to the majority of investors.

If approved, the ETF will be listed on a major U.S. exchange and grant access to a segment of the crypto market currently недоступен to the majority of investors.

The ETF will passively track a market-weighted index of digital assets, with the weighting and selection of coins periodically adjusted to reflect market trends.

The ETF will passively track a market-weighted index of digital assets, with the weighting and selection of coins periodically adjusted to reflect market trends.

Grayscale’s filing also mentions a management fee, the final rate of which is still subject to change and will be disclosed later.

Grayscale’s filing also mentions a management fee, the final rate of which is still subject to change and will be disclosed later.

The application comes amid a push for new crypto ETFs, with several firms filing for ETFs tracking Dogecoin, XRP, Solana, and Donald Trump’s meme coin.

The application comes amid a push for new crypto ETFs, with several firms filing for ETFs tracking Dogecoin, XRP, Solana, and Donald Trump’s meme coin.

According to Bloomberg ETF analyst Eric Balchunas, the DOGE and TRUMP ETFs could launch in early April. However, a Myriad Markets poll, voted on by 6,778 people, suggests otherwise, with 93% believing the TRUMP ETF will not materialize by the end of the month.

Crypto index ETFs are a growing priority for fund managers looking to expand offerings beyond single-asset products. The SEC approved the first mixed crypto index ETFs in December 2024, sponsored by Hashdex and Fidelity, but these only include Bitcoin and Ethereum. Since their February launch, they have seen relatively modest inflows.

Katalin Tischhauser, head of investment research at crypto bank Sygnum, recently noted that index ETFs provide efficiency for investors, enabling them to gain broad exposure to the crypto market in a single investment, similar to traditional market index funds.

Grayscale’s latest filing follows the approvals of several Bitcoin spot ETFs earlier in the year. The rapid redemptions from Grayscale’s Bitcoin spot ETF have raised concerns about how long the fund can sustain its Bitcoin reserves to meet such large-scale outflows.