灰度文件将其数字大型帽基金转换为现场加密货币ETF

Yerevan（coinchapter.com） - 灰度（Grayscale）于4月1日向美国证券交易委员会（SEC）提交了S-3申请。该文件旨在将其数字大型CAP基金转换为现场加密货币ETF，从而可以公开交易。

Grayscale is seeking to launch a spot cryptocurrency ETF, according to an S-3 filing with the SEC on April 1. The firm is converting its Digital Large Cap Fund into an ETF that will be publicly traded.

根据4月1日向SEC的S-3文件，该公司正在寻求推出现场加密货币ETF。该公司将其数字大型CAP基金转换为将公开交易的ETF。

The Digital Large Cap Fund is an existing product that was launched in 2018. It is not listed on any exchange and currently available only to accredited investors, according to the Grayscale website.

根据Grayscale网站的说法，数字大型CAP基金是一种现有的产品。根据Grayscale网站的数据，该产品尚未在任何交易所列出，目前仅适用于认可的投资者。

The fund includes a crypto index ETF structure that holds several major digital assets. These are Bitcoin (BTC), Ether (ETH), Solana (SOL), XRP, and Cardano (ADA).

该基金包括一个拥有多个主要数字资产的加密指数ETF结构。这些是比特币（BTC），以太（ETH），Solana（Sol），XRP和Cardano（ADA）。

Digital Large Cap Fund Holds Over $600 Million

数字大型帽基金持有超过6亿美元

As of April 1, the Digital Large Cap Fund had over $600 million in assets under management (AUM). The current crypto prices reflected in the fund are BTC at $84,308, ETH at $1,861, SOL at $123.97, XRP at $2.08, and ADA at $0.668.

截至4月1日，数字大型CAP基金管理的资产超过6亿美元（AUM）。该基金反映的当前加密价格为BTC的价格为84,308美元，ETH的$ 1,861，SOL $ 123.97，XRP $ 2.08，ADA为0.668美元。

The fund uses a market cap-weighted index to distribute value across different coins based on their market sizes. It provides access to a basket of the largest digital currencies.

该基金使用市场上限加权指数根据其市场规模在不同硬币上分配价值。它提供了使用最大数字货币的篮子的访问权限。

To make the Digital Large Cap Fund a spot cryptocurrency ETF, Grayscale needs approval from the SEC under the S-3 regulation.

为了使数字大型CAP基金成为现货加密货币ETF，灰度需要根据S-3法规获得SEC的批准。

NYSE Arca Supported Grayscale’s ETF Proposal

NYSE ARCA支持Grayscale的ETF提案

On October 29, NYSE Arca submitted a proposal to list the Digital Large Cap Fund on its exchange as part of a broader effort to bring more crypto index ETFs to public markets.

10月29日，纽约证券交易所ARCA提交了一项建议，将数字大型CAP基金列为其交换，这是将更多加密指数ETF带到公共市场的更广泛努力的一部分。

The new S-3 filing from Grayscale follows the earlier proposal by NYSE Arca and reflects the broader attempt to transition crypto index products into ETFs that trade on traditional exchanges.

来自灰度的新的S-3申请遵循了NYSE ARCA的早期提案，并反映了将加密指数产品转变为在传统交流上进行交易的ETF的广泛尝试。

If approved, the spot cryptocurrency ETF would become available to regular investors, not just institutions or high-net-worth individuals.

如果获得批准，那么现货加密货币ETF将为常规投资者提供，而不仅仅是机构或高净值个人。

SEC Reviewed Several Crypto Index ETF Filings

SEC审查了几个加密指数ETF文件

In December, the SEC approved several crypto index ETFs. These funds, from firms like Fidelity and Hashdex, only hold Bitcoin and Ether and started trading in February but attracted limited inflows.

12月，SEC批准了几个加密指数ETF。这些资金来自Fidelity和Hashdex等公司，仅持有比特币和以太币，并于2月开始交易，但吸引了有限的流入。

By February, the SEC had acknowledged over a dozen new ETF filings. These include proposals for altcoins like XRP and SOL, and features like staking. Some filings also suggest adding options to current ETFs.

到2月，SEC已承认十几个新的ETF文件。这些包括XRP和SOL等高级币的建议，以及诸如Stating之类的功能。一些文件还建议将选项添加到当前的ETF中。

The trend shows that asset managers are focusing more on crypto index ETFs, which allow investors to access multiple cryptocurrencies in a single investment.

趋势表明，资产管理人员更多地关注加密指数ETF，这使投资者可以在一项投资中访问多个加密货币。

Grayscale Expanded ETF Efforts with Altcoin Exposure

灰度扩大了ETF的效果

The Digital Large Cap Fund from Grayscale includes five cryptocurrencies: Bitcoin, Ether, Solana, XRP, and Cardano, giving diversified exposure to leading crypto assets.

Grayscale的数字大型CAP基金包括五种加密货币：比特币，以太，索拉纳，XRP和Cardano，可多样化地接触领先的加密资产。

The move toward a spot cryptocurrency ETF aligns with broader interest in regulated crypto investment tools. Several firms are taking steps to launch crypto index ETFs as part of their market strategy.

朝着现场加密货币ETF的转变与对受监管的加密投资工具的更广泛兴趣保持一致。几家公司正在采取措施启动加密指数ETF，作为其市场战略的一部分。

The S-3 filing is a regulatory requirement for converting a private fund into a public ETF, which the SEC will review and decide whether the fund can begin trading on US markets.

S-3申请是将私人基金转换为公共ETF的监管要求，SEC将审查并决定该基金是否可以开始在美国市场上进行交易。