PANews reported on October 31 that Nate Geraci, president of The ETF Store, posted on X that the U.S. SEC has officially confirmed that it has received an application to convert the Grayscale Digital Large Cap Fund (GDLC) into an ETF, and the SEC is soliciting public opinions.

Earlier news, Grayscale applied to the US SEC to convert its hybrid crypto fund containing BTC, ETH and SOL into an ETF .