Grayscale已向SEC提交，將其數字大型CAP基金列為NYSE ARCA的ETF

Crypto Asset Manager Grayscale Investments於3月31日向美國證券交易委員會（SEC）提交了表格S-3註冊聲明，以註冊並列出了其在NYSE ARCA上的Grayscale Digital大型CAP基金的股票，並在符號GDLC的標誌下登記。

Crypto asset manager Grayscale Investments has filed a Form S-3 registration statement with the U.S. Securities and Exchange Commission (SEC) to register and list shares of its Grayscale Digital Large Cap Fund on the New York Stock Exchange Arca (NYSE Arca). The move will convert the fund into an exchange-traded fund (ETF) and expand public trading access to a diversified digital asset fund.

加密資產經理Grayscale Investments已向美國證券交易委員會（SEC）（SEC）提交了S-3表格註冊聲明，以註冊並列出紐約證券交易所ARCA（NYSE ARCA）的Grayscale Digital大型CAP基金的股票。此舉將把基金轉換為交易所交易基金（ETF），並擴大對多元化數字資產基金的公共交易訪問。

The fund, which will trade under the ticker GDLC, is designed to provide broad exposure to the digital large-cap asset class. Its holdings are determined by the Coindesk Large Cap Select Index (DLCS), which selects the top digital assets by market capitalization that are also available for custody on Coinbase Custody and meet other criteria.

該基金將在股票GDLC下進行交易，旨在為數字大型資產類別提供廣泛的敞口。它的持股由Coindesk大型帽選擇指數（DLC）確定，該指數（DLC）通過市值選擇了頂級數字資產，該資本也可以在Coinbase監管機構中可託管並符合其他標準。

As of March 31, the fund’s top five holdings are bitcoin (BTC), ethereum (ETH), XRP, solana (SOL), and cardano (ADA). The portfolio composition by weight is bitcoin at 79.40%, ethereum at 10.69%, XRP at 5.85%, solana at 2.92%, and cardano at 1.14%.

截至3月31日，該基金的前五名持股是比特幣（BTC），以太坊（ETH），XRP，Solana（Sol）和Cardano（ADA）。重量的投資組合組成為比特幣，為79.40％，以太坊為10.69％，XRP為5.85％，Solana為2.92％，Cardano為1.14％。

The fund’s investment objective is for the value of the shares (based on NAV per share) to reflect the value of the digital assets held by the fund, in accordance with the DLCS, plus any cash held by the fund and reduced by the fund’s expenses and other liabilities.

該基金的投資目標是用於股票的價值（基於每股NAB），以根據DLCS，以及基金持有的任何現金以及基金的支出和其他負債降低的任何現金，以反映基金持有的數字資產的價值。

Currently, only cash-based creation and redemption of shares are available, and no staking of the fund’s assets is permitted. The fund is subject to the terms of an administrative agreement with Grayscale and the provisions of the Articles of Association of the fund, which is governed by the laws of the Cayman Islands.

當前，僅可用基於現金的創建和贖回股票，並且不允許對基金資產的積分存放。該基金應遵守與格雷斯卡爾（Grayscale）的行政協議條款以及該基金協會章程的規定，該條款受開曼群島法律管轄。

The launch of the ETF will depend on the SEC’s approval of a separate 19b-4 application submitted by NYSE Arca in October 2024. Grayscale stated:

ETF的啟動將取決於SEC批准由NYSE ARCA於2024年10月提交的單獨的19B-4申請。灰度表明：

The Fund will not seek effectiveness of this registration statement and no offering of shares hereunder will take place unless and until such approval is obtained by the SEC and the shares are approved for listing by NYSE Arca.

該基金將不會尋求本註冊聲明的有效性，除非SEC獲得此類批准，否則將不會發表此處的股份，否則股票已由紐約證券交易所ARCA批准。

The SEC is currently reviewing several applications for bitcoin ETFs from various asset managers, including WisdomTree (NYSE: WISTR), CoinShares (LON:COIN) and Bitwise, in addition to the 19b-4 application from NYSE Arca for the Grayscale Digital Large Cap Fund.

SEC目前正在審查來自各種資產經理的比特幣ETF的幾項應用程序，包括WisdomTree（NYSE：WISTR），Coinshares（LON：COIN）和BITWISE，以及NYSE ARCA的19b-4應用程序用於Grayscale Arca for Grayscale Clayscale Digital大型CAP Fund。

Earlier this year, the agency rejected applications from asset managers WisdomTree and Spark Digital Capital for bitcoin futures ETFs, despite the approval of similar products from other firms in 2021.

今年早些時候，該機構拒絕了資產經理WisdomTree的申請，儘管2021年其他公司的類似產品批准了比特幣期貨ETF的數字資本。

Despite the setbacks in its bid to list a bitcoin ETF earlier this year, crypto asset manager Grayscale is making progress in expanding the trading of its flagship investment vehicle.

儘管今年早些時候列出了比特幣ETF的挫折，但Crypto Asset Manager Grayscale仍在擴大其旗艦投資工具的交易方面取得了進展。

Earlier this year, the firm began offering a redemption program for its Grayscale Bitcoin Trust (BTC) (NYSE: GBTC) and also announced plans to pursue an uplisting of the trust’s shares to an ETF.

今年早些時候，該公司開始為其灰度比特幣信託（BTC）（NYSE：GBTC）提供贖回計劃，並宣布了計劃將信託股份提升到ETF的計劃。

Now, the firm has filed a Form S-3 registration statement with the U.S. Securities and Exchange Commission (SEC) to register and list shares of its Grayscale Digital Large Cap Fund on the New York Stock Exchange Arca (NYSE Arca).

現在，該公司已向美國證券交易委員會（SEC）提交了S-3表格註冊聲明，以註冊並列出其在紐約證券交易所ARCA（NYSE ARCA）的Grayscale Digital大型CAP基金的股份。

The move will convert the fund into an ETF and expand public trading access to a diversified digital asset fund.

此舉將將基金轉換為ETF，並將公共交易訪問擴展到多元化的數字資產基金。

The fund, which will trade under the ticker GDLC, is designed to provide broad exposure to the digital large-cap asset class. Its holdings are determined by the Coindesk Large Cap Select Index (DLCS), which selects the top digital assets by market capitalization that are also available for custody by Coinbase Custody and meet other criteria.

該基金將在股票GDLC下進行交易，旨在為數字大型資產類別提供廣泛的敞口。它的持股由Coindesk大型帽選擇指數（DLC）確定，該指數（DLC）通過市值選擇了頂級數字資產，該資本也可以由Coinbase託管託管，並符合其他標準。

As of March 31, the fund’s top five holdings are bitcoin (BTC), ethereum (ETH), XRP, solana (SOL), and cardano (ADA). The portfolio composition by weight is bitcoin at 79.40%, ethereum at 10.69%, XRP at 5.85%, solana at 2.92%, and cardano at 1.14%.

截至3月31日，該基金的前五名持股是比特幣（BTC），以太坊（ETH），XRP，Solana（Sol）和Cardano（ADA）。重量的投資組合組成為比特幣，為79.40％，以太坊為10.69％，XRP為5.85％，Solana為2.92％，Cardano為1.14％。

The fund’s investment objective is for the value of the shares (based on NAV per share) to reflect the value of the digital assets held by the fund, in accordance with the DLCS, plus any cash held by the fund and reduced by the fund’s expenses and other liabilities.

該基金的投資目標是用於股票的價值（基於每股NAB），以根據DLCS，以及基金持有的任何現金以及基金的支出和其他負債降低的任何現金，以反映基金持有的數字資產的價值。

Currently, only cash-based creation and redemption of shares are available, and no staking of the fund’s assets is permitted. The fund is subject to the terms of an administrative agreement with Grayscale and the provisions of the Articles of Association of the fund, which is governed by the laws of the Cayman Islands.

當前，僅可用基於現金的創建和贖回股票，並且不允許對基金資產的積分存放。該基金應遵守與格雷斯卡爾（Grayscale）的行政協議條款以及該基金協會章程的規定，該條款受開曼群島法律管轄。

The launch of the ETF will depend on the SEC’s approval of a separate 19b-4 application submitted by NYSE Arca in October 2024. Grayscale stated:

ETF的啟動將取決於SEC批准由NYSE ARCA於2024年10月提交的單獨的19B-4申請。灰度表明：

“The Fund will not

“基金不會